Bet on Banking This Election Season
In January, we noted that per White, the fourth year in an election cycle has a robust 7.28% average return with a very encouraging percent positive of 83%. However, there hasn't been a lot of upside, with an average of about 12% pulling in positive, while all other cycle years have an average positive of about 19%. Below is an updated table, where at first glance the return for the second half of an election year sees a fourth presidential cycle year with an average return of 4.2%, positive 83.3% of the ti ...