One of the finance blogs that I read published this stat yesterday:

"Here are the total returns from the past four presidential election dates:

Election day 2008 +675% (14% annualized)

Election day 2012 +400% (14% annualized)

Election day 2016 +207% (15% annualized)

Election day 2020 +81% (16% annualized)"

-- https://awealthofcommonsense.com/2024/11/some-things-i-dont-...

As he says in that article, "You can believe what you want to believe about politics but those beliefs have no place in your portfolio".