Lsbcal
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
With all the negativity I am trying to think more positively for next year. I am reminded that the markets have a history of doing quite well in the 3rd year of a presidential term. The stats since 1933:
Year after the election: +6.7%
Second-year: +5.8%
Third-year: +16.3%
Fourth-year: +6.7%
Discussion of this is here: https://www.investopedia.com/terms/p/presidentialelectioncycle.asp
So go ahead and add your happy thoughts to this thread.
Year after the election: +6.7%
Second-year: +5.8%
Third-year: +16.3%
Fourth-year: +6.7%
Discussion of this is here: https://www.investopedia.com/terms/p/presidentialelectioncycle.asp
The election cycle theory is predicated on the view that a shift in presidential priorities is a primary influence on the stock market.
The theory suggests that markets perform best in the second half of a presidential term when the sitting president tries to boost the economy to get re-elected.
Data from the past several decades seem to support the idea of a stock surge during the second half of an election cycle, although the limited sample size makes it difficult to draw definitive conclusions.
So go ahead and add your happy thoughts to this thread.