Pullbacks and Returns a Year Off the Lows for the S&P 500 Index Based on the 4-Year Presidential Cycle

Since 1950, midterm years have been the sharpest swoon of the presidential cycle, with the S&P 500 falling 17.5% on average. The flip side is striking: one year after the low, stocks have been consistently higher, up almost 32%.

Image: Carson Investment Research

Pullbacks and Returns a Year Off the Lows for the S&P 500 Index Based on the 4-Year Presidential Cycle