As the field of candidates has narrowed in the campaign for the U.S. presidency, investors appear to be focusing more on potential economic and market outcomes under a new president. The general policy inclinations of the two major political parties are relatively clear. Each party asserts that its policy prescriptions will best lead to economic prosperity and, by inference, to better market returns. With respect to economic growth and stock market returns, does the president’s party affiliation matter for investors? A review of historical outcomes can provide some perspective for assessing expectations from a new presidency.