With Election Day 2020 fast approaching, here is a review of relevant election and stock market performance data.
In the most recent election, President Donald Trump won the 2016 presidential election with less than a majority of the popular vote (45.93%), which prompted another outcry to eliminate the Electoral College, which Trump won by a 56.50% to 42.20% margin.
Achieving less than a majority of the popular vote, however, is not uncommon. Six of the 17 post-1950 elections were won by the successful candidate getting less than 50% of the popular vote. President William Clinton holds the distinction of winning
the White House without getting a majority of the popular vote in either of his two elections. He, however, garnered the eighth-largest Electoral College percentage in his successful 1996 re-election.