Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance The market is offering you an opportunity... if you can see it. The second year of a presidential term is often one of the poorer of the four years in terms of stock market performance. Add to this trend a war, inflation fears, an active Federal Reserve, and a market that was for all intents and purposes oversold, and you have the makings for a really good year... next year! Data shows the returns in the last two years of a U.S. presidential term far surpass the returns in the first two years. As you can see, year three shows a vastly different result from years one and two, with average gains of 23.5%. And since 1947, year three hasn't produced a single down year. To extrapolate further... From 1947 through 2011, years one, two and four of a presidential cycle returned about a 200% gain. Year three returned a 2,000% cumulative gain! So if you're a savvy investor, you know that we're not far away from year three of the current presidential cycle... and that planning is a big part of success. And I'm going to show you where the buying opportunities are for 2023! |
No comments:
Post a Comment