| overall positive returns for the s p 500 | 3.841 | Jump to 14.639 |  |  | 
              
                
                  | our year-end target is 5024 | 5.84 | Jump to 23.519 |  |  | 
              
                
                  | for the s p 500 which equals about a | 5.76 | Jump to 26.72 |  |  | 
              
                
                  | five percent price appreciation uh from | 5.36 | Jump to 29.359 |  |  | 
              
                
                  | the second year of this president's term | 4.721 | Jump to 42.719 |  |  | 
              
                
                  | which usually sees a 40 percent increase | 6.32 | Jump to 48.48 |  |  | 
              
                
                  | three years of the presidential cycle | 4.16 | Jump to 54.8 |  |  | 
              
                
                  | and the second and third quarters which | 4.641 | Jump to 57.039 |  |  | 
              
                
                  | increases of 30 and 80 percent | 6.32 | Jump to 61.68 | 
                      
                        
                      
                        PERCENT
                      
                      
                        30 and 80 percent
                      
                     |  | 
              
                
                  | looking at a few markets eyeing two or | 4.64 | Jump to 76.24 |  |  | 
              
                
                  | three starting potentially in the middle | 4.0 | Jump to 78.56 |  |  | 
              
                
                  | well first off the analysis shows that | 4.56 | Jump to 85.68 |  |  | 
              
                
                  | e ratios in fact a minus .5 | 6.799 | Jump to 93.36 |  |  | 
              
                
                  | we're close to about a two percent | 5.199 | Jump to 103.2 | 
                      
                        
                      
                        PERCENT
                      
                      
                        about a two percent
                      
                     |  | 
              
                
                  | ten-year yield uh is 18 versus the more | 6.64 | Jump to 104.88 |  |  | 
              
                
                  | than 21 that we're looking at today so | 4.961 | Jump to 108.399 |  |  | 
              
                
                  | multiple contraction in 2022 | 4.76 | Jump to 115.92 |  |  |