Market Return Trends (Proxy for QQQ)
Stocks (S&P 500) have tended to perform better on average during Democratic presidencies compared with Republican ones. Several analyses show:
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Across many decades, average annual returns were higher under Democratic presidents (~10 %+) than under Republicans (~6–7 %).
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Long-term studies show median annual returns are also often higher under Democrats.
Some data even suggest that QQQ-like tech returns have tended to be especially strong under administrations that coincided with technological growth cycles, many of which occurred during or overlapping Democratic presidencies (e.g., Clinton, Obama, Biden).
