T. Bailey sees possible pre-election boom in US

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There has been positive US market returns in the three preceding calendar months before eight out of the last nine presidential elections, according to research carried out by T.Bailey.

The fund of funds specialist found that, on average, the growth between August and October inclusive in election years is 4.4pc, this compares to just 0.9pc in non-election years (annualised the returns have averaged 20pc and 4.5pc respectively). T. Bailey senior analyst, Elliot Farley, said: "Following the 2008 Olympics when all eyes were on China, the next major item on the calendar for many is the US election. It's clear from our research that election fever is a positive driver of US markets." T. Bailey has been increasing its weighting to the US for nearly a year within its global ...

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