Best Financial Advisors in Waterbury, CT

Is the stock market influenced by the political party in office? According to historical data, not really. Over a long period, the stock market has performed well regardless of whether #Democrats or #Republicans were in power, according to data from The Motley Fool. From a mean perspective, the S&P 500 has grown by 9.8% annually under Democratic presidents, compared to 6% under Republicans since 1957. However, when looking at median growth rates, the market has seen 10.2% growth under Republicans and 8.9% under Democrats. While both parties could argue that the stock market performs better during their administration, the direct impact of policy is difficult to measure. Additionally, presidential terms are subject to unexpected events such as the dot-com bubble, the 2008 financial crisis, and Covid-19, among others. Ultimately, the key is time in the market, not the political party of the president. #stockmarket #biden #trump...