Election Years Experience SPX Price Underperformance

With Biden not running for reelection, Powell will less likely be accused of aiding Biden's reelection with a September rate cut, notes Sam Stovall. He suggests that history shows that wave election years typically experience SPX price underperformance in 4Q of the election year as well as the first half of the following year.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - schwabnetwork....
Download the iOS app - apps.apple.com...
Download the Amazon Fire Tv App - www.amazon.com...
Watch on Sling - watch.sling.co...
Watch on Vizio - www.vizio.com/...
Watch on DistroTV - www.distro.tv/...
Follow us on X - / schwabnetwork
Follow us on Facebook - / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - schwabnetwork....
#investing #trading #finance #stocks #global #equities #markets #stockmarket #stockmarkettoday #spx #election