POLITICAL PERCENTAGES

From 1933-2022, the average annual S&P 500 return with a Republican president and split Congress is 13.7%, while it’s 13.6% with a Democratic president and a divided Congress. The average return slips to 13%/year with a Democratic White House and full Republican Capitol Hill control, and it’s 12.9%/year for the inverse. Full Democratic control is associated with a 9%/year average return, full Republican control averages 4.9%/year. Divided Congress is best.