With less than a month until Election Day, political campaigns are in high gear, and party control of Congress, Governor’s mansions and state houses are on the line. The landscape is volatile to say the least. But, one thing is certain . . . candidates who ignore older voters do so at their peril.
Since 1950, December has proven to be the best month for the stock market. According to MoneyChimp.com, the S&P 500 has turned in an average gain for December of 1.62 percent, outpacing any other month. So far this December, Santa has left nothing but coal in the stock market’s stocking, with the S&P 500 losing more than 65 points, or about 3.77 percent, through Dec. 15. Not exactly anyone’s idea of a rally.
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