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.