Since U.S. presidential elections occur every four years, there isn't much data to analyze. We are currently in an election year, exactly halfway through it as of today, July 1, 2024. The S & P 500 has yielded an average return of 7.9% since 1928, the year Herbert Hoover was elected. However, focusing only on presidential election years, the average return slightly drops to 7.5%. Interestingly, if a sitting president is running for reelection, the average return increases to 9.
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