Welcome to “Super Tuesday.” Today, a whopping 16 states and territories hold primary elections.
But stock market analysts say not to fret and to hold tight.
Based on annualized returns for the S&P 500, stocks gained an average 13.75% during Trump’s presidency.
Election year math: History shows that stocks typically gain during the fourth year of presidential terms.
The S&P 500 has gained 6.2% on average during the fourth year of presidential terms since 1932, according to Yardeni Research.
Persons:
’, Edward Jones, Donald Trump, Joe Biden, Angelo Kourkafas, ” Kourkafas, Raymond James, Trump, Obama, ”, Simon Hamilton, Barack Obama, “ That’s, it’s, Hamilton, Goldman Sachs, Allison Morrow, Bitcoin, —, Simone McCarthy, Premier Li Qiang, Hong
Organizations:
CNN Business, Bell, New York CNN, ”, Markets, White House, Congress, CNN, Republicans, Republican, “, Research, Dow Jones, University of Cincinnati, University of Missouri, Securities and Exchange, Bloomberg, Premier, National People’s Congress
Locations:
New York, Washington, Hamilton, United States, China, Beijing