The 2020 Election and Your Money
Posted: Fri Sep 18, 2020 10:47 pm
The 2020 Election and Your Money
We’ve assessed how the presidential candidates’ stances on financial issues will affect your wallet.
https://www.kiplinger.com/personal-fina ... your-money
Beware of conventional wisdom that says Wall Street favors business-friendly Republicans at the helm. Since 1928, annualized total returns for the S&P 500 have averaged 13.3% under Democrats, compared with 7.7% under Republicans, according to InvesTech Research. For a hint about who will win the election, keep a close eye on market indexes. If they’re up in the three months preceding the election, the incumbent wins 87% of the time.
We’ve assessed how the presidential candidates’ stances on financial issues will affect your wallet.
https://www.kiplinger.com/personal-fina ... your-money
Beware of conventional wisdom that says Wall Street favors business-friendly Republicans at the helm. Since 1928, annualized total returns for the S&P 500 have averaged 13.3% under Democrats, compared with 7.7% under Republicans, according to InvesTech Research. For a hint about who will win the election, keep a close eye on market indexes. If they’re up in the three months preceding the election, the incumbent wins 87% of the time.