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Oct 05 2024

Elections: The Stock Market Knows

  • Oct 5, 2024

An excellent forecaster of election outcomes over the last 100 years is the stock market, itself. Measured over the three-month period through election day, if the S&P 500 has a gain, the incumbent party historically prevails; a negative return predicts a loss for the incumbent. This simple method has correctly identified the White House winner in 20 of the past 24 elections.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager