It’s hard to believe, but the U.S. Presidential Election was a year ago today. Per Ryan Detrick, Senior Market Strategist, “Although no one at the time would have believed it, the 12 months since Election Day have been among the least volatile ever for equity markets; not to mention the solid 21% gain the S&P 500 Index racked up along the way that has the bulls smiling.” So where does the rally over the past 12 months rank? We looked at S&P 500 returns for each year after every U.S. election since 1950* and found that the current 21.1% rally ranks fifth on the list. The best return came at the start of President Clinton’s second term during the late ‘90s bull market, while the worst ever was the first year of President W. Bush’s first term amid the tech bubble. We will take a much more detailed look at the past year since the election in our Weekly Market Commentary due out next Monday. IMPORTANT DISCLOSURES *Please note: The modern design of the S&P 500 stock index was first launched in 1957. Performance back to 1950 incorporates the performance of predecessor index, the S&P 90. Past performance is no guarantee of future results. All indexes are unmanaged and cannot be invested into directly. The opinions voiced in this material are for general information only and are not intended to provide or be construed as providing specific investment advice or recommendations for any individual security. The economic forecasts set forth in the presentation may not develop as predicted. Investing in stock includes numerous specific risks including: the fluctuation of dividend, loss of principal and potential illiquidity of the investment in a falling market. Stock investing involves risk including loss of principal. The Standard & Poor’s 500 Index is a capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries. This research material has been prepared by LPL Financial LLC. To the extent you are receiving investment advice from a separately registered independent investment advisor, please note that LPL Financial LLC is not an affiliate of and makes no representation with respect to such entity. Not FDIC/NCUA Insured | Not Bank/Credit Union Guaranteed | May Lose Value | Not Guaranteed by any Government Agency | Not a Bank/Credit Union Deposit Securities and Advisory services offered through LPL Financial LLC, a Registered Investment Advisor Member FINRA/SIPC Tracking # 1-665003 (Exp. 11/18)