Donkeys, elephants, bears, and bulls: Why who is in the White House may matter less than you think.
Posted: Jonathan Chapman
Hartford Funds posted a good article and reminder regarding election cycles and how it impacts investing. Something to keep in mind as we enter this next election cycle. Click here for the article.
The chart below depicts the U.S. Stock market performance through each administration from 1960 to 2019. As the article notes, a hypothetical $10,000 investment in the S&P 500 Index in 1961 would have grown to nearly $3 million as of 6/30/2019.
The point being, the President is only one of many factors that influence the market and has little to do with the long-term performance of the market.