Citi Global Markets is out with new data measuring the impact of election years on different sectors. Yahoo Finance reporterjoins Asking for a Trend to break down the top-performing sectors as voters head to polls, particularly when an incumbent is on the ballot.City global markets out with a new chart measuring the impact of election years on different sectors.So ahead of tonight's first debate between President Joe Biden and former president Donald Trump.
However, once you have an election year with an incumbent president in the running, we see that volatility goes down and the average returns of those sectors along with the S and P 500 go up.So bottom line there, the return of an incumbent president often reduces the possibility of a the surprise in any form in the information technology sector.
So clearly what we're seeing so far in the market shows that there is potentially more room to run here.
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