Rob mentioned two items that hit close to home. First, my wife is planning to stay in Florida for at least six months in the coming year to claim Florida residency. Secondly, last week she changed her 401K portfolio to a 60/40 bond/stock mix due to her age and the possible changes in our government. My wife and I plan to rely on our 401K in the next ten years as much as anyone on this forum.

Now, as to the belief that certain political parties have better strategies to influence the market, Lee Corso said it best, "Not so fast, my friend.".

I can honestly state I had no idea if either political party has a better relationship with the market. I spent some time this morning plugging numbers into a spreadsheet and did some old fashioned math. I used the Dow Jones market numbers for each President from the time of their inauguration until now (technically February 1st through August 31st). If a President has two numbers, it is because he had two terms. The numbers represent an annualized yearly return. Here is what I found:

Reagan: 2.2% / 10.6%
Bush: 6.3%
Clinton: 13.0% / 11.6%
Bush: -1.7% / -4.1%
Obama: 13.9% / 7.2%
Trump: 7.7%

For those that believe that the S&P 500 is a better indicator than the Dow Jones over the last 12 years, the results are similar:

Obama: 14.5% / 9.7%
Trump: 9.8%

I want to emphasize that I did not pull these numbers from an article. I did the math myself, so I could be wrong. We all understand that Bush (the younger) had to deal with 9/11 in his first term and the eventual nasty market correction in 2008. Trump had to deal with the pandemic, although his number is very strong. There is a saying ,that, actions are stronger than words. My wife agrees with Rob on two points. Her actions support this. Nevertheless, I will respectively disagree on how a Trump or Biden administration may or will affect the market. I believe that the republican party will strategize to improve the economy or market, but my 401K did not get destroyed by the democrats during their years.