The Presidential Election Is in a Year. How It Affects the Stock Market.

The presidential election is on the horizon, and history shows it could have implications for the stock market from now until November 2024.

The index fell 10% for calendar year 2000, according to Dow Jones Market Data, as markets anticipated a recession in the early 2000s. In calendar year 2008, the S&P 500 dropped 39% heading into the 2007-09 recession. While the 2024 presidential campaign is still heating up, the economy already appears to be a concern for voters.

And in a recent CBS News poll, 18% of likely voters said they would be financially better off if Biden wins, while 45% said they would be financially better off if Trump wins.

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