FYI: The fourth quarter of 2018 was a pretty miserable one for investors, with the S&P 500 Index losing 13.5%. And it was looking a lot worse on Christmas, although the index rallied 6.8% in the last week of the year. So how were investors thinking about the market in January? The answer depended on whether you were a Republican or a Democrat!
Regards,
Ted
https://www.etf.com/sections/index-investor-corner/swedroe-tale-2-stock-markets