Lefty Presidents Are Better For Markets

I tallied S&P 500 index returns under different presidents. Even with Herbert Hooverโ€™s atrocious left-handed start from 1929 through 1932, lefty presidents have seen annual S&P 500 growth almost 2 percentage points better than righty presidents. Under their 40 years of tenure, lefty presidents have seen price appreciation of about 7.2 percent per year. This…

Donโ€™t you hate how right-handed Donald Trump is? Canโ€™t we get an all-lefty general election again, like when lefties Barack Obama and John McCain squared off?

As we go full-throttle into the election year, people will have endless debates about how policies affect the economy. As a left-handed investor, I ask the question that really matters โ€ฆ are there any lefties running for president?

As you may be aware, weโ€™ve had a left-handed president for 40 of the last 92 years, including four of the last five presidents. Itโ€™s hardly a coincidence โ€” lefties are natural born leaders, charismatic, wise โ€ฆ stop, youโ€™re making us blush.

I tallied S&P 500 index returns under different presidents. Even with Herbert Hooverโ€™s atrocious left-handed start from 1929 through 1932, lefty presidents have seen annual S&P 500 growth almost 2 percentage points better than righty presidents. Under their 40 years of tenure, lefty presidents have seen price appreciation of about 7.2 percent per year. This compares with a paltry 5.3 percent during the 52 years of righty presidents.

Sadly, itโ€™s a tough field this year for lefties. According to our research, Rand Paul is the only major left-handed candidate in either party. This is not the heyday of 1992, when Bill Clinton, George H. W. Bush, and Ross Perot were all left-handed.  But the market wasnโ€™t really that great during the 90โ€™s anyway, was it?

Click here to sign up for the Daily Economy weekly digest!



Post on Facebook


Post on X


Print Article