By Kevin Muir of “The Macro Tourist” fame; reposted here with permission
There’s a lot of chatter going around today about how “since World War 2, there has not been a down period for the S&P 500 in the twelve months following the mid-term elections.”
That seemed a little incredible, so I decided to do some work confirming. Sure enough, it’s spot on correct!
Figuring I couldn’t add much to this discussion, I choose to make a fancy chart instead. It’s kind of like putting your crappy essay in a really nice presentation jacket.
So without further ado, here are the eighteen mid-term election periods since 1946.