P Spx: Doug Ramsey and P Performance

p spx: Put another way, stocks are nonpartisan, according to Market Watch. A tally of all presidential terms since 1928 provides no basis for partisanship, Doug Ramsey, chief investment officer at Leuthold, said in a note Friday. That they hailed from different sides of the aisle underscores the fact that no single political party is better or worse for the S&P 500 SPX, -0.17% , according to the Leuthold Group. On the surface, the S&P performance is generally even whether a Democrat or a Republican occupies the White House. Leuthold Group Caption outside of wrapper for normal article images The lack of a clear trend suggests that potential policy shifts are usually priced into the market by the time a new president comes into office or are overshadowed by cyclical factors. The median return for stocks under a Democratic president is 27.7%, while under a Republican the median return is 27.3%, according to Ramsey. (news.financializer.com). As reported in the news.