Today's Chart of the Day is a second chart from the Capital Group article called “Can midterm elections move markets?”
In a nutshell, since 1933, “Stocks have done well regardless of the makeup of Washington.” This is evident by the 10.4% return with a unified government or 10.8% with a split congress.
Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.