Who Do Markets Want to Win the Election
MARCH 7, 2024
Since 1976, when Super Tuesday first surfaced, market performance ahead of the primaries has correlated closely with election results. While acknowledging the limited data, when the S&P 500 was higher ahead of Super Tuesday, the incumbent president’s political party won the election four of the last five times. And when stocks were lower into Super Tuesday, the incumbent president’s party lost the election six of the last seven times.