Chart of the Day provides the following update for the Dow Jones Industrial Average pre-election year returns. Will history repeat itself?
"Today's chart illustrates how the stock market has performed during the average pre-election year. Since 1900, the stock market has tended to outperform during the first six to seven months of the average pre-election year. For the remainder of the year, pre-election performance has tended to be choppy. This pre-election year has, for the most part (the main exception being the Shanghai surprise of late February), been true to form."
(click on graph for larger image)
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