Posted on December 23, 2011 | Investor Update
This year was supposed to be better. Among the four years of the presidential term, the third has historically been the best-performing one for stocks. Yet, the total return for the S&P 500, which includes dividends, is barely positive. A small rise in prices between now and December would qualify as a win for the presidential cycle in the history books, but it wouldn’t be much consolation for investors.