- presidential election cycle theory
- A theory that stock market trends can be predicted and explained by the four-year presidential election cycle. Bloomberg Financial Dictionary
Financial and business terms. 2012.
presidential election cycle theory
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Presidential Election Cycle (Theory) — A theory developed by Yale Hirsch that states that U.S. stock markets are weakest in the year following the election of a new U.S. president. According to this theory, after the first year, the market improves until the cycle begins again with… … Investment dictionary
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