Stock Market Returns and Presidential Elections
Predictions about presidential elections and the stock market often focus on which party or candidate will be “better for the market” over the long run. The growth of one dollar invested in the S&P 500 Index over nine decades and 15 presidencies (from Coolidge to Obama) shows it does not make a difference. There is not an obvious pattern of long-term stock market performance based upon which party holds the Oval Office. The key takeaway here is that over the long run, the market has provided substantial returns regardless of who controlled the executive branch.