Dec
03
2025
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S&P 500 Returns in December if >5% YTD End of November in Year One of Presidential Cycle
Bulls are in luck. Since 1945, whenever the S&P 500 was up more than 5% YTD by November’s end in the first year of a presidential cycle, December has never missed and kept the rally going with an average 2.1% gain.
Image: Carson Investment Research