RENEE'S REALITY - JANUARY, 2024
Welcome 2024! This year is already looking brighter than last year! My family is healthy and we are looking forward to what this year has in store.
We had some highlights to be grateful for: Our beautiful Daughter-in-law is cancer free! We won team of the year award from our broker dealer (JW Cole), and had a couple of memorable family trips. AND… the Stock market rallied in November and December!
Markets continue to gain confidence thinking that the Fed Rate hike may be over.
If you’ve curious about how a presidential election year affects the markets, check out these historical returns:
|
S&P 500 Annual Stock Market Returns During Election Years |
||
|
Year |
Return |
Candidates |
|
1928 |
43.6% |
Hoover vs. Smith |
|
1932 |
-8.2% |
Roosevelt vs. Hoover |
|
1936 |
33.9% |
Roosevelt vs. Landon |
|
1940 |
-9.8% |
Roosevelt vs. Willkie |
|
1944 |
19.7% |
Roosevelt vs. Dewey |
|
1948 |
5.5% |
Truman vs. Dewey |
|
1952 |
18.4% |
Eisenhower vs. Stevenson |
|
1956 |
6.6% |
Eisenhower vs. Stevenson |
|
1960 |
0.5% |
Kennedy vs. Nixon |
|
1964 |
16.5% |
Johnson vs. Goldwater |
|
1968 |
11.1% |
Nixon vs. Humphrey |
|
1972 |
19.0% |
Nixon vs. McGovern |
|
1976 |
23.8% |
Carter vs. Ford |
|
1980 |
32.4% |
Reagan vs. Carter |
|
1984 |
6.3% |
Reagan vs. Mondale |
|
1988 |
16.8% |
Bush vs. Dukakis |
|
1992 |
7.6% |
Clinton vs. Bush |
|
1996 |
23.0% |
Clinton vs. Dole |
|
2000 |
-9.1% |
Bush vs. Gore |
|
2004 |
10.9% |
Bush vs. Kerry |
|
2008 |
-37.0% |
Obama vs. McCain |
|
2012 |
16.0% |
Obama vs. Romney |
|
2016 |
12.0% |
Trump vs. Clinton |
|
2020 |
18.4% |
Biden vs. Trump |
Dimensional. "Matrix Book 2021."
Moral of the story:
While past performance cannot predict future outcomes, the market is up most of the time in an election year.
The mantra for this year is, Health is Wealth! Maintaining your health is so important as well as your finances, which in turn helps your stress level for health. We are here if you need a checkup!
Cheers to 2024,
Renee
