We're going to throw some predictions we have for the year.
And we are going to keep track of our predictions going forward.
We recognise that some of our predictions might be wrong, but we aim to be right more often than not.
So take our predictions with a pinch of salt 🤞
- US Stock Market Will End 2021 Higher
Specifically, America's stock market (aka S&P500) will end 2021 higher.
Why?
- They elected a Democrat President, Joe Biden.
Historically, the US stock market is up in the first year of a Democrat President.
Even more, interestingly, Democrat Presidents tend to have higher total 4-year return than Republican Presidents.
Forbes did an analysis on the Presidents and their returns to show that difference in performance.
- Stock markets are up after a bear market.
We entered bear market territory on 11 March 2020....
