As the results of the US election come in today, The Daily Telegraph spoke with Bowmore Asset Management’s Client Director, Charles Incledon, about our research on the performance of the US stock market under each President.
The figures show the US stock market actually performs better with a Democrat in the White House. The S&P 500 has grown 55% on average during Democrat Presidential terms and 21% during Republican terms (S&P 500 index)
But investors should be reassured that US stocks tend to perform well regardless of who is in the White House.
“Historically the global economy and stock market valuation issues are much more to blame for occasional periods of poor performance of the S&P 500 than who holds the presidency” Charles told the Telegraph.
Our research has also been covered by FTAdviser and Funds Europe. You can read those articles, as well as the piece in the Telegraph, here:
Telegraph: Harris or Trump? Ditch your partisanship – it’s making you poorer
FT Advisor: Tight US election polls could mean volatility until full result known
Funds Europe: US stock market outperforms under Democrats, data shows
