- In 1932, when Franklin D. Roosevelt was first elected, the Dow Jones Industrial Average dropped 4.5 percent the following day. But the market roared higher in the year that followed.
- The Dow fell 3.8 percent after Harry Truman’s surprise victory, in 1948, but the market finished the year up.
- In 2004, George W. Bush’s re-election prompted a 1 percent rally, but the market did poorly during that term.
- Barack Obama has presided over one of the best bull markets in history, but his victories in 2008 and 2012 sparked drops of 5.3 percent and 2.4 percent.
Wednesday, November 9, 2016
Reading the Election
No matter what you think of the election results, some caution is advised when watching the markets' reaction. Some historical post-election anomalies: