In spite of the strong market advance from its low in mid November, post election year markets have experienced their largest decline from the market's prior year close. In a recent report by Standard and Poor's, they note,
"Since 1900, the S&P 500 recorded its deepest median YTD decline during the first year of the four-year presidential cycle at -12% versus declines of 11%, 3% and 4% for years 2, 3, and 4, respectively."
