- "...going back to 1928, the S&P 500 has never been positive year-to-date after being down more than six percent after the third-quarter. The S&P 500 was down 6.74% after the third-quarter in 2015."
- "going back 140 years, every year ending in a "5" has posted a positive return since 1875. In other words, the last 13 years ending in "5" have left stock investors "high-fiving" each other. It is likely mainly due to coincidence, with a healthy dose of positive Presidential Cycle “Year 3″ tailwind mixed in for several of the years. Nevertheless, it is a consistent and compelling track record."
|From The Blog of HORAN Capital Advisors|