Pullbacks and Returns a Year Off the Lows for the S&P 500 Index Based on the 4-Year Presidential Cycle
Since 1950, the S&P 500 has fallen an average of 17.5% during midterm years, the deepest swoon in the presidential cycle. But the market’s low has been a launchpad: one year later, stocks have always been higher, up 31.7% on average.
Image: Carson Investment Research
