Market Currents
Notwithstanding the widely held belief that the stock market performs poorly in the first year...
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Thursday, December 6, 2012, 9:37 AM ETNotwithstanding the widely held belief that the stock market performs poorly in the first year of a president’s term, Mark Hulbert says there's little evidence for such a notion. First years of a president’s term, on balance, are a little better than year four and a little worse than year two; third years typically are strong gainers. First years do appear to be volatile, however.
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