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In September 2020, CNN reported: "Since 1945, the S&P 500 has averaged an annual gain of 11.2% during years when Democrats controlled the White House, according to CFRA Research. That's well ahead of the 6.9% average gain under Republicans." [3] Analysis conducted by S&P Capital IQ in 2016 found similar results since 1901. [23]
In fact, 16 Nobel Prize-winning economists penned a letter earlier this year warning that Trump's plans could cause a surge in inflation and lead to a less stable U.S. economy.
The chief divide between the two major parties on the economy going into the election cycle were the incumbent Democrats pointing out that the economy was strong and well on its way to recovering from the effects of worldwide inflation, [30] initially coining the term "Bidenomics", [31] but acknowledging that goods were still too expensive and ...
The average rate for a 30-year fixed mortgage is 6.72%, which marks an increase from 6.08% in September. Before the pandemic, the average mortgage rate stood between 3% and 4%.
Presidential elections occur every four years on Election Day, which since 1845 has been the first Tuesday after the first Monday in November. [ 10 ] [ 11 ] [ 12 ] This date coincides with the general elections of various other federal, state, and local races; since local governments are responsible for managing elections, these races typically ...
Chart of Democratic-candidate lead over Republican candidate in final poll and results by year, 1936 to 2016. Gallup was the first polling organization to conduct accurate opinion polling for United States presidential elections.
The years in which elections are held for U.S. state and local offices vary between each jurisdiction. The vast majority of races held during off-year elections are at the city and local level, but many other city and local governments may instead hold their elections during even-numbered years to coincide with either the presidential or ...
In American federal elections, races for U.S. Senate tend to be more competitive than those for U.S. House of Representatives. [4] Even in wave election years, the vast majority of U.S. House members keep their seats, with little pressure from the opposing party. [5] Competition in U.S. House races has been in decline since at least the 1960s. [6]