More than any investor alive today, Jeffrey Hirsch was born, bred, weaned and raised on stock-market cycles, patterns, seasonality data, charts and trends. Here are excerpts from a recent interview:WSJ: How far back does your research go on elections, election cycles and the stock market? And in 1988—after the crash in 1987—there was a systemic change in the stock market with the implementation of circuit breakers and collars. WSJ: What are your expectations from a normal presidential cycle? The one time we had a re-elected Republican with a Republican Senate and Democratic House was under Ronald Reagan, and the market gained 27.7% in the postelection year.

Source: Wall Street Journal November 04, 2019 03:12 UTC