Concerned about stock market performance if Joe Biden wins the White House and the Democrats take a majority in the House and Senate? History suggests maybe you shouldn’t be.
Dating back to 1951 there have been eighteen years in which the Democrats controlled the legislative branch.
- in fifteen of those eighteen years (83.3% of the time) the S&P 500 provided a positive rate of return
- the average rate of return was 13.2%
- the median rate of return was 15.6%
Here’s the breakdown:
As always past performance is no guarantee of future results.
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