Since 1926, the S&P 500 has provided an average return of 15.4% when a Democrat was...
Sunday, October 21, 2012, 8:00 AM ETSince 1926, the S&P 500 has provided an average return of 15.4% when a Democrat was president vs. 7.8% under Republican leaders. However, the trend could be misleading, as research suggests that that Fed monetary policy is much more important. Since 1965, large stocks have provided a yearly return that's almost 12 percentage points greater when the Fed was lowering rates than when it was raising them.
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