Reported 9 months ago
Citi Global Markets presents data on the impact of election years on different sectors, with Yahoo Finance reporter Alexandra Canal discussing the trend. Sectors tend to perform well during election years when an incumbent is on the ballot, showing reduced volatility and increased average returns, particularly in the information technology sector. Continuity in policy is seen as a driving factor for this trend, with the tech sector historically being a strong performer. In 2024, sectors like tech and communication services are showing significant gains, indicating the potential for further growth compared to previous election years.
Source: YAHOO