Alex Snyder Administrator
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…has it had any impact on your sales?
Since 1928, the Standard & Poor’s 500—a widely watched benchmark of U.S. large-cap companies—has dropped an average of 2.8% in presidential election years that don’t include an incumbent seeking reelection… https://www.ml.com/articles/how-presidential-elections-affect-the-markets.html
Historically election years bring uncertainty and uncertainty is never a good thing for car sales. Bush vs. Gore was the first time I noticed it in my own paycheck. Aside from some “chads” the 2000 election wasn’t nearly as nuts as Clinton vs. Trump.
Response from Uncle Joe…