How Stocks Predict Presidential Elections
Ryan Detrick from LPL Financial made my Chart o’ the Day today… Here’s Ryan: Turns out, since 1928, the stock market has accurately predicted the winner of the election 87% of the time and every single year since 1984. It is quite simple. When the S&P 500 Index has been higher the three months before the election, the incumbent party usually won, while when stocks were lower, the incumbent party usu...
source https://thereformedbroker.com/2020/06/29/how-stocks-predict-presidential-elections/
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source https://thereformedbroker.com/2020/06/29/how-stocks-predict-presidential-elections/
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