According to BusinessInsider Professor Robert Prechter, founder of Elliot Wave International, recently published a study titled Social Mood, Stock Market Performance and U.S. Presidential Elections: A Socionomic Perspective on Voting Results.
Here's a quick summary of Prechter's findings:
The results are consistent with socionomic voting theory, which includes the hypotheses that (1) social mood as reflected by the stock market is a more powerful regulator of re-election outcomes than economic variables such as GDP, inflation and unemployment and (2) voters unconsciously credit or blame the leader for their mood.
Nothing too mind-blowing. However, Prechter's study did include one interesting nugget of information. Specifically, he found that big moves in the stock market are correlated to "landslide" wins during presidential elections.
Read more: http: http://www.businessinsider.com/robert-prechter-stock-market-election-landslide-2012-2
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