A 'blue wave' is historically better for the stock market than a 'red wave,' according to one Wall Street strategist | Markets Insider

People sit and watch a broadcast of the first debate between President Donald Trump and Democratic presidential nominee Joe Biden at The Abbey, with socially distanced outdoor seating, on September 29, 2020 in West Hollywood, California.Since the election of Franklin D Roosevelt in 1932, a Democratic"blue wave" election victory has always been better for the stock market than a Republican"red wave" sweep, according to research from Ed Yardeni.

In a note to clients Monday, Yardeni highlighted the historical performance of the S&P 500 since the 1932 election of Franklin D. Roosevelt. In the six following periods when Democrats controlled both chambers of Congress and the White House, the benchmark US equity index returned an average of 56%. The best"red wave" performance came from the George W. Bush administration of 2001-2006, with the S&P 500 returning 58%. The worst"red wave" performance came from the Donald Trump administration of 2017-2018, with the S&P 500 returning 12.8%, Yardeni found.Stifel asked its analysts to identify stocks most likely to be positively or negatively affected by the election results. Here are the dozens of stocks to buy or avoid in each of the 3 outcomes.

Joe Biden is a national embarrassment President Trump did more for Americans in 47 months than Joe Biden did in 47 years EXCEPT Joe Biden made himself & Biden's family members MULTI MILLIONAIRES off of US Taxpayers

So he hasn’t been paying attention to the past 4 presidential election? Both times Obama won the stock market dropped.

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A blue wave is better for China

Why do these people insist on lying to us? 🤪

Well let’s look at the Obama era. Our stocks tanked. Trump had record breaking months over and over

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Wall Street's top analysts say buy these stocks amid the market turbulenceTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Pinterest and O'Reilly Automotive. 😂the US is in a f’kin recession right now with high unemployment and you think that stocks are not going to feel the effects of another republiCon caused depression! Because that’s where we are headed😂😂😂
Source: CNBC - 🏆 12. / 72 Read more »