“The first year of a presidential term often brings a recession, especially when the party in power changes. So if Trump catches up to Clinton and wins in November, look out.”
The US is on an eight year Business cycle which coincides with our election years.....There is no causal relationship as implied....We’re due for a recession (market correction) late this year or next no matter who is elected.
Some say that last recession is still ongoing. The jobless at least say that. But I realize it could get a lot worse - again.
Maybe, but my take is that the econ is doing what it wants and the pundits get big bucks for saying the election matters. I don't buy all the contrived mainstream talk about how Clinton created the econ boom, Bush wrecked it all, and O is just now cleaning up Bush's mess. For me there's a lot more going on in business than just politics.