Years of presidential elections are usually positive. Most of the upside occurs when the market "thinks" it knows the winner. Regardless of the party winning, the market tends to rise as uncertainty goes down.
However, the market tends to do better that year if a Repubican wins. Over the four-term term of the presidency, the market tends to do better if a Democrat wins.
After Romney's convincing win in the Florida primary Tuesday night, the Dow rose over 130 points at one point and closed up 88 points. While the lack of bad news out of Europe helped a great deal, it was a reminder of just how much the market wants Romney to win.
However, the market tends to do better that year if a Repubican wins. Over the four-term term of the presidency, the market tends to do better if a Democrat wins.
After Romney's convincing win in the Florida primary Tuesday night, the Dow rose over 130 points at one point and closed up 88 points. While the lack of bad news out of Europe helped a great deal, it was a reminder of just how much the market wants Romney to win.
