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Chart of the Week: Average Election Year Markets

Posted By Barry Ritholtz On July 26, 2004 @ 1:47 pm In Finance | Comments Disabled

Markets historically do well during presidential election years. In the event an incumbent loses, we tend to see a post election rally, as people adapt and rationalize the change. When incumbent’s win, it suggests the economy is pretty good, and the markets have a fundamental basis for rising.

Average Election Year markets
average_election_year

Source: Chart of the Day [1]

Either people are happy with the direction of the country, or they look forward to a change.

Random Items:
P2P Home Video to Challenge Network News [2]
Want To Bet on the Presidential Election? [3]
TiVo’s Plans Lead to Fight on Copyrights [4]
23 Reasons Google Could Become a Penny Stock [5]
Corporate America: Stuffed with Dough [6]
A Capital Idea from Microsoft [7]

Quote of the Day
“I have learned as a composer chiefly through my mistakes and pursuits of false assumptions, not by my exposure to founts of great wisdom and knowledge.”
-Igor Stravinsky [8] (1882-1971)


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2004/07/chart-of-the-week-average-election-year-markets/

URLs in this post:

[1] Chart of the Day: http://www.chartoftheday.com/

[2] P2P Home Video to Challenge Network News: http://journal.planetwork.net/article.php?lab=pantic0704

[3] Want To Bet on the Presidential Election?: http://www.technewsworld.com/story/35303.html

[4] TiVo’s Plans Lead to Fight on Copyrights: http://www.technewsworld.com/story/35300.html

[5] 23 Reasons Google Could Become a Penny Stock: http://www.prweb.com/releases/2004/7/prweb142710.htm

[6] Corporate America: Stuffed with Dough: http://www.businessweek.com/bwdaily/dnflash/jul2004/nf2004078_5979_db035.htm

[7] A Capital Idea from Microsoft: http://www.nationalreview.com/kudlow/kudlow200407230854.asp

[8] Igor Stravinsky: http://w3.rz-berlin.mpg.de/cmp/stravinsky.html

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