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With this mindset, it doesnt really matter who wins the White House.
When you have a divided Congress, that tends to be the best thing.
And the data backs Detricks assertion.
When the Republicans had control in that time period, that jumped to 11%.
But when Congress was split, the S&P 500 posted an impressive 14.5% average annual return.
However, the truth is that the effects of an election are unknowable.
While politics can certainly move markets, over the long run, earnings drive stock prices.
Our unwavering conclusion: Never bet against America.
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