What investors can learn from the S&P’s performance after presidential elections since 1928

In the political tapestry of American history, the S&P 500 has woven a curious thread: a perplexing correlation with presidential election outcomes. Since 1928, the market has performed remarkably under Republican leadership, posting an average annualized return of 9.4%. In contrast, Democratic presidencies have yielded a more modest 5.4% return. As the 2023 election cycle looms, investors ponder: will the S&P continue its partisan dance or deviate from the historical norm?