What happens to the stock market in a President’s third year?
The equity party continues well into a president’s third year in office when there’s a push to stimulate the economy ahead of the next election. It’s no coincidence that the best market returns come during that period; the S&P 500 rises an average 16% in that third year.
What did Hillary Clinton say about drug price gouging?
Clinton tweeted: "Price gouging like this in the specialty drug market is outrageous," in regard to a life-saving drug that had surged from $13.50 a pill to $750 a pill overnight. She vowed to lay out a plan to combat it.
Are Democratic presidents better for the stock market than Republican presidents?
In short, when it comes to stock market performance, Democratic presidents have an edge. From 1945 through the end of 2021, the compound annual growth rate for the S&P 500 has been 9.4% under Democratic presidents compared with 6.6% for Republican commanders-in-chief.
How would a Biden win impact the markets?
The Democratic nominee has an extensive platform, so here are a few ways a Biden win may impact the markets. David Kass, a clinical professor of finance at the University of Maryland's Robert H. Smith School of Business, speaks to Biden's plan to reverse the 2017 tax cuts, which slashed corporate rates from 35% to 21%.
Falling Stock Market Experiences Longest Losing Streak in 36 Years
The S&P 500 and the Nasdaq closed lower on Friday to make nine days of straight decline. The fall has been shallow (only 3% for the S &P), but the run has been long — the longest since December, 1980. The decline is also peculiar in that stock prices have almost always risen in the run-up to an election.
Hillary Has Fallen
This time it wasn’t just a trip on the stairs or fainting on the way into her getaway car. This time Hillary is falling politically as Democratic support shifted out from under her because of one scandal too many.
Hillary and Obama Lose it
Naturally, this deconstruction in the Democratic Party has made Hillary desperate, and that desperation drove her this week to doing an even better job of living up to one of her moniker’s — Shrillary:
Hillary Leaks
And I’m not just talking about her Depends or her colostomy bag. The State Dept. issued a zinger on Friday, just four days before the election with the revelation that one of Hillary’s deleted (“personal”) emails was classified and was sent to Chelsea and several others not believed to have classified clearance.
A Better Tall Tale to Tell
If you must have a good Russian conspiracy, I think all of the evidence to election tampering in Trump’s favor should be spun something like this:
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False Flag? US Intelligence Warns Of Likely al-Qaeda Terror Attack Day Before Election
Repealing Tax Cuts
David Kass, a clinical professor of finance at the University of Maryland's Robert H. Smith School of Business, speaks to Biden's plan to reverse the 2017 tax cuts, which slashed corporate rates from 35% to 21%. Biden has called for raising the corporate rate to 28%.
Expanding Obamacare
If elected, Biden has vowed to expand the Affordable Care Act, the health care overhaul that former President Barack Obama signed into law in 2010.
Infrastructure and Energy
One of the centerpieces of Biden's platform is a focus on infrastructure spending and investing in sustainability and clean energy.
What Does History Say?
Markets tend to perform best when the party in the White House has some opposition in Congress. CXO Advisory Group found that between 1950 and 2017, the two best-performing combinations for the S&P 500's performance were: a Democratic president with a Republican-controlled Senate and a Democratic president with a Republican-controlled House.
