Presidential cycle is one of the controversial topics for the financial
public. Some believe that it is just the over excitement from the election
that causes the stock market rally. But others believe that the bullish
performance is cause by political reason in the way that the current
administration introduce market favorable policies in order to be re-elected
, i.e. keeping interest rate low. In fact, statistical evidences have been
published by many academic paper, which indicate that stocks happened to
perform stronger during...
read more at: http://www.alpbeta.com/2012/01/presidential-cycle-and-market-ti
or http://research.alpbeta.com/research/Presidential%20Cycle.pdf