2020 is off to a roaring start for markets, and we have seen the major indices pick up right where they left off in 2019.
However, many investors are eyeing the upcoming presidential election as an impending storm that could cause real trouble for the stock market. However, that scenario isn't always the case, as we review in this week's episode.
While pre-election years (like 2019) have tended to be the strongest for stocks, returns in election years have been quite bifurcated.
LPL Chart of the Day:
When the President Has Been Up For Reelection, Stocks do Quite Well: https://i1.wp.com/lplresearch.com/wp-content/uploads/2020/01/011720-pic-1.png?ssl=1
1940 Was the Last Time Stocks Were Lower When a President Was Up For Reelection: https://i1.wp.com/lplresearch.com/wp-content/uploads/2020/01/011720-pic-2.png?ssl=1
Music:
Cold Funk - Funkorama by Kevin MacLeod is licensed under a Creative Commons Attribution licence (https://creativecommons.org/licenses/by/4.0/)
Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100499
Artist: http://incompetech.com/
Tracking ID: 1-942598
