As the 2024 U.S. Presidential Election approaches, the stock market is on track for its best performance in nearly a century, with the S&P 500 rising over 22% by the end of September, marking the highest return during an election year since 1936. This year's election has seen significant investor interest, with many speculating on how potential outcomes, particularly a victory by either Kamala Harris or Donald Trump, could impact market dynamics. Concerns have been raised about a possible trade war with China should Trump win, which could negatively affect U.S. stocks and lead to higher bond yields and a weaker dollar. In contrast, if Trump were to win, certain sectors, especially large and regional banks, might benefit. The stock market's performance in the lead-up to the election is being closely monitored, with historical trends indicating that the market can serve as an indicator of election outcomes. The S&P 500 is currently experiencing one of its best 12-month periods this century, up 40% year-over-year, a gain not seen since 2021.