Goldman Sachs on US election year seasonals - weaker than normal equity returns expected ...Middle East

A note from Goldman Sachs' portfolio strategy research team on what the seasonals show for the year ahead of a US Presdiential election:since 1932 the 12 months heading into an election has seen the S&P 500 averaging a 7% return vs. 95 in noon-election yearssince 1984 the S&P 500 has chalked up an average return of 4% in the preceding 12 monthsSummary comments:“Profit growth is typically strong in election years while valuations move sideways” “Info Tech has usually been the worst performing sector in the year ahead of the election. Defensive sectors tend to perform best, led by Utilities and Consumer Staples.” This article was written by Eamonn Sheridan at www.forexlive.co

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Goldman Sachs on US election year seasonals - weaker than normal equity returns expected ...Middle East

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