The DJIA Index moved incongruently to
historical standards in the post election year of 1985, which uncharacteristically
demonstrated bullish expressions. You can see bullish expressions in the
mid-term election year. The pre-election year was bearish with the
infamous stock market crash of 1987. That crash was inconsequential in
terms of economic influences. The market recovered quickly from that
collapse.
Even with the market's collapse of 1987, it
is easy to see the optimism for the future of free markets.
There was no recession in this presidential
election cycle as entrepreneurialism was again gaining popularity with tax
breaks and declining influences of socialism.
As you can see, bullish seasonality (pink) is
incongruent to historical standards during the bearish market periods and
bearish seasonality (white) is also incongruent to historical standards
during bullish periods.