|
Written by Karen Salvatore
|
|
Wednesday, 06 October 2010 15:52 |
|
Historically, the 3rd year in the Presidential Cycle has been the strongest for the stock market, with an average annual return of 16.6%.
But does it matter which party is in control? The chart attached shows that historically, the stock market has been weakest when a single party controls the Senate, the House and the White House. This holds true regardless of which party is in control. It appears that the stock market thrives on gridlock. The attached chart shows various combinations of Senate/House/President controls, but interestingly, we've never had this combination: a Democratic Senate, a Republican House, and a Democratic President. So if, in fact that's where we end up, it will be interesting to see the results!
Political Perspectives Chart
|
|
Last Updated on Wednesday, 06 October 2010 15:58 |
