What History Tells us About US Presidential Elections and the Market
It’s time to dust off this fantastic chart again as we approach another important election. Each time we approach important election cycles, we start hearing the media talk about what’s going to happen in the markets when so and so gets elected. In these times it’s tempting to look for a connection between who wins the White House and which way stocks will go. But regardless who wins, nearly a century of returns shows that stocks have trended upward.
Past performance is not a guarantee of future results. Indices are not available for direct investment. Their performance does not reflect the expenses associated with the management of an actual portfolio. In USD. Growth of wealth shows the growth of a hypothetical investment of $1 in the securities in the S&P 500 index. S&P data © 2023 S&P Dow Jones Indices LLC, a division of S&P Global. All rights reserved. Data presented in the growth of wealth chart is hypothetical and assumes reinvestment of income and no transaction costs or taxes. The chart is for illustrative purposes only and is not indicative of any investment. Dimensional Fund Advisors LP is an investment advisor registered with the Securities and Exchange Commission. Investment products: • Not FDIC Insured • Not Bank Guaranteed • May Lose Value Dimensional Fund Advisors does not have any bank affiliates