Elections, and Predicting the Stock Market

Lol at this from Bloomberg:

The S&P 500 will plunge 25% if the Democrat becomes president, says Paul Tudor Jones, the hedge fund manager. Discovery Capital Management founder Rob Citrone says she’s “the single biggest risk for the market” and calculates the downside at up to 20%. Billionaire Leon Cooperman told CNBC earlier this month that the market would drop 25% if Warren or Bernie Sanders win.

Variations in equity performance when a Democrat is in the White House are almost negligible when compared with Republicans, according to research from Vanguard that was published before the 2016 election.

There is also this wonderful chart:

So, you know, that’s something.

Leave a comment

Leave a Reply