What one stock market gauge is predicting about the presidential race [Video]

If history is any guide, one stock market gauge suggests that Vice President Kamala Harris will defeat former President Donald Trump in the 2024 presidential race. 

In all but two elections since 1944, the party in the White House has retained power when the U.S. stock market advances before Election Day, or the period between the end of July and Halloween, according to an election predictor devised by Sam Stovall, chief investment strategist at CFRA Research, based out of Allentown, Pennsylvania. 

In 2020, the S&P 500 fell 0.04% from July 31 to October 31, with then-President Donald Trump losing the election to President Joe Biden. While the outcome in the 2024 election is not yet known, the S&P 500 rose 3.3% during that three-month span this year.

“You can say there is sort of an overlap — the market usually …