The Stock Market Is Non-Partisan

 

We’ve annoyed a few media outlets by admitting to having no clue as to which of the presidential candidates would be “better” for the stock market. There are just too many variables at work, not the least of which relates to initial conditions. Those conditions, for example, were ideal for Barack Obama— who entered his first term with the S&P 500 trading at just 12x 5-Year Normalized EPS. Read more:

 

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