This past Monday, I asked three experts on the Presidential Cycle - Bruce Fraser, Jeff Hirsch, and Tom McClellan - to share their take on market trends around the election season. They delivered in a big way, and the result was a masterclass in how to learn from market history.
In the end, I learned that the four-year Presidential Cycle is just one of many cycles, from the ten-year cycle to the traditional 12-month seasonal cycle. I learned that a key data point is whether an incumbent party wins a second term or if the White House changes hands. I learned year-end tends to be strong regardless of who wins in November.
You can read more over at StockCharts.com.
RR#6,
Dave
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