The chart below shows the average performance of the S&P 500 (not including dividends) during all Presidential Election Years from 1948-2012 along with the YTD performance of the S&P 500. The horizontal scale is trading days from December 31. After a big correction to start the year, stocks are back on track with their historical Election Year performance.
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Jeremy Jones, CFA is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Jeremy is a contributing editor of youngresearch.com.