Should you worry about winner of presidential election tanking stock market?
When it comes to this election, should we worry about the winner tanking the stock market? A look back at historic market records for more than a century shows that under Democrats, the stock market returned an 11% return. So for everything presidential candidates do to make the other side cringe, when it comes to money, the winner doesn’t matter as much as people fear. “People were predicting if Obama got reelected the market would crash,” said Nathan Larsen, of Executive Wealth Management in Brighton. It went up.”Larsen said history tells us no single president causes a market crash merely by getting elected.