Personally, I think that such statements oversimplify the complexity of the process and are not objective, but it is necessary to check. For this purpose, data on SPX prices for 120+ years will be used (the amount of data before 1927 is quite small) and the refinancing rate since 1971. Hypothesis to test: Before the elections, the market is being pushed to growth. Market influence tools: Mainly monetary (refinancing rate). Variables used to test the hypothesis:SPX prices one year before the e...