You'll be pleased to learn that, at least since 1952, 93% of the time (13 of 14 years), the last 7 months of an election year is decidedly bullish. The average gain for the period has been 7.2% for the S&P 500. The only exception was 2000, a most exceptional election year.
Why so bullish? As I've explained in the past, election years in general tend to be traditionally bullish, second only to pre-election years. Largely, this seems to be due to incumbents attempting to keep the bull going (literally) so that their party can remain in power. How do they do this? By lowering interest rates, even during a highly inflationary era. Sound familiar? Will it work this time also? What do YOU think?
