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BofA: Bank stocks should remain well bid into US elections
June 10, 2024 5:40 AM EDTBank of America (BofA) analysts see positive signs for bank stocks heading into the US elections.
The note highlights how elections can significantly impact stock performance, noting the performance of Mexican and Indian equities in response to election surprises last week.
BofA believes the upcoming US... More
These are the S&P 500 historical returns during election years
June 8, 2024 5:00 AM EDTAccording to Piper Sandler, election years can be a time for strong returns in the stock market, with the S&P 500 historically averaging a 10%-20% total return since 1928.
Interestingly, the third year of a president's term seems to be the sweet spot, with Piper Sandler noting a median return of 18.08% during that period over the past 95 years. Even the fourth year holds promise, averaging a 9.5% return with a... More
