Stocks will do better if Trump wins the election, according to this new data

If you own stocks, hope for a come-from-behind win for sitting president Donald J. Trump on Election Day.

Or so says the number crunchers at LPL Financial.

Since 1950, the S&P 500 has added an average of 9.6% in the year after a president wins re-election. For instance, LPL Financial points to the re-elections of presidents Ronald Regan, Bill Clinton and Barack Obama as being particularly bullish for equities — stocks after each re-election rose close to 30%.

The opposite has tended to happen when someone new enters the Oval Office.

READ MORE HERE: https://www.aol.com/article/finance/2020/10/24/stocks-will-do-better-if-trump-wins-the-election-according-to-this-new-data/24661519/

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