
In the lead-up to the 2024 presidential election, historical trends indicate a bullish outlook for U.S. markets. From July 28 until the end of the year, the Dow Jones Industrial Average has averaged a gain of 10.07%. Election years are typically favorable for stocks, with this year already being noted as one for the record books. Analysts suggest that stocks perform well when the incumbent president opts not to run. Historical data shows that in the last 24 election years, the S&P 500 has trended upwards until mid-September before stabilizing. Additionally, the CBOE Volatility Index (VIX) has seen a 25% increase from July to November during presidential election years, with a noted tendency for market pullbacks. Since 1936, the S&P 500 has experienced an average of three 5% declines and one 10% or worse correction annually during these periods.
How major markets typically perform in the 100 days before a presidential election https://t.co/JwpRJac9M6
VIX up 25% from July-Nov of presidential election years Savita: We are overdue for a market decline. Since 1936, 5% pullbacks (drops) in the S&P 500 index have occurred three times per year on average, 10% or worse corrections have happened once per year on average. https://t.co/nxXsIMAMCx
Of the last 24 US election years, the S&P500 trend from now to mid-September was up and then sideways thereafter. https://t.co/AA2icWms0G