Institutional Investing / Macro Minutes

Macro Minutes: US Elections & Equity Markets

image of us-elections-and-equity-markets

In this 5-minute Macro Minutes video, Capital Markets Research Analyst Jarred Kriz explains how Fisher Investments thinks objectively about politics to analyze the potential impact on markets and portfolios.

Key Points

  • Markets do not favor Democrats or Republicans, however returns in election and inaugural years differ with election results.
  • Investors tend to celebrate Republican victories in election years, whereas equities struggle when a Democrat is elected. Those trends, however, usually reverse in inaugural years.
  • In analyzing corporate, personal income, and capital gains taxes over time, we find they don’t influence equity returns in any predictable way.

See Our Institutional Insights

Stay on top of the latest investment trends and developments with our views and research.

A man smiling and shaking hands with a business partner

Contact Us

Give our knowledgeable team a call today to learn more.


Contact Us Today