Markets in a Minute: Biden Out

In March 1968, when LBJ announced he would not seek re-election, the S&P 500 climbed nearly 13% over the next year, and the Democrats lost the presidential race. After the Reagan assassination attempt in March 1981, the S&P 500 fell by 16% over the following 12 months. Within a single week, the nation faced both an assassination attempt on a former president/presidential candidate and a sitting president deciding not to seek re-election. How should investors respond? Kara Murphy delves into this topic in this week's Markets in a Minute.