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| Who's calling? http://femjoy.in.net femjoyhunter Between 1965 and 2008 there have been 354 months of gridlock and 174 months of harmony, or one-party control of the executive and legislative branches. During that time large-cap stocks have performed just a smidge better during periods of harmony, returning 10.33 percent annually against 10.12 percent. In small caps, however, there has been a huge disparity, with returns of nearly 30 percent annually under periods of political harmony and just 8.67 percent during gridlock, according to a paper slated to be published in Managerial Finance, an academic journal. |
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2019-05-22 07:50:09 |
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