It sure felt like a crazy couple years for stocks.
But in the context of history, it wasn’t very crazy at all.
LPL Financial’s Jeff Kleintop recently forwarded to us this chart of the four-year performance of the S&P 500 against the average S&P 500 performance during the last 7 presidential cycles.
“The S&P 500 followed typical four-year election cycle pattern from 2009-2012 despite everything that seemed ‘different this time,'” said Kleintop
The More Thing Change the More They Stay the Same
The S&P 500 during four year presidential election cycle
Photo: LPL Financial
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