Since 1926, the S&P 500 has provided an average return of 15.4% when a Democrat was...

|By:, SA News Editor

Since 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.