(P/E) during US presidential election cycles. We document evidence over six elections, that as the probable winner of the … election becomes clearer, markets surprisingly respond with decreases in P/E ratios. We consider that our results are … results should be of great interest to researchers concerned with market reaction to election cycles, public policy, and the …

This study examines the effects of political uncertainty around US presidential elections on firm risk, expected return … of option-implied price and tail risk, command a higher premium, and feature an increased dispersion of investor beliefs … around the presidential election day …

2008 US presidential election, the first political campaign where the internet played a key role. Drawing on data from the …