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In reply to the discussion: Poll: At Obama's 5-yr point, few see a turnaround [View all]spin
(17,493 posts)21. Usually the stock market climbs when a Democrat is President but doesn't do as well when ...
a Republican is in the White House.
Stocks Return More With Democrat in White House: BGOV Barometer
By Bob Drummond Feb 22, 2012 12:00 AM ET
The BGOV Barometer shows that, over the five decades since John F. Kennedy was inaugurated, $1,000 invested in a hypothetical fund that tracks the Standard & Poors 500 Index (SPX) only when Democrats are in the White House would have been worth $10,920 at the close of trading yesterday.
Thats more than nine times the dollar return an investor would have realized from following a similar strategy during Republican administrations. A $1,000 stake invested in a fund that followed the S&P 500 under Republican presidents, starting with Richard Nixon, would have grown to $2,087 on the day George W. Bush left office.
The market does tend to do better under Democrats than under Republicans, Sam Stovall, chief investment strategist at S&P Equity Research in New York, said in a telephone interview. Is it because Republicans mishandled the economy, or inherited a weak economy? Ill leave that to others.
***snip***
I dare say that most people on Wall Street are Republicans, Stovall said. But it appears the bread is buttered on the Democratic side.
http://www.bloomberg.com/news/2012-02-22/stocks-return-more-with-dem-in-white-house-bgov-barometer.html
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And he plans to do just that. Even Paul Krugman, who hasn't always been an Obama fan, is
Liberal_Stalwart71
Jan 2014
#10
Or, what do we do when Americans are so grossly misinformed that they blame the president
Liberal_Stalwart71
Jan 2014
#9
The so-called "Democrats" don't even put up the semblance of a fight anymore. It's just roll over &
blkmusclmachine
Jan 2014
#17
It's called Democraticunderground, Not center-right business establishment underground.
Ash_F
Jan 2014
#25
Show me the Democratic Party platform. Then show me exactly where there are center right
Liberal_Stalwart71
Jan 2014
#28
I didn't say YOU stayed home. I didn't YOU said 95%. I pointed to someone who responded to
Liberal_Stalwart71
Jan 2014
#31
the two parties are free to do what they like on gays, god, and anything else that doesn't
yurbud
Jan 2014
#29
Honestly, if we want to know who is to blame I look at the GOP and especially the GOP House
LynneSin
Jan 2014
#4
It's not just on the political right. I wish it were. He was received hell from the political left
Liberal_Stalwart71
Jan 2014
#13
Usually the stock market climbs when a Democrat is President but doesn't do as well when ...
spin
Jan 2014
#21
yes, that's been true for a long time and has only gotten more so since clinton.
unblock
Jan 2014
#22
Almost all political conflict... between the Sane Billionaires and the Insane Billionaires.
immoderate
Jan 2014
#6
The problem for him is, it's mostly chickens from the last decade, and more, coming
TwilightGardener
Jan 2014
#7
The Obamacare rollout was not "brought on himself". It was sabotaged from the very beginning.
Liberal_Stalwart71
Jan 2014
#12
She wasn't fired because I believe that they all knew how they were being set up from the beginning.
Liberal_Stalwart71
Jan 2014
#15
I hear what you're saying about low-quality/lowest-bidder contractors,
TwilightGardener
Jan 2014
#19
I hear you, but I still think he did right by keeping the team. They cleaned up the mess and now
Liberal_Stalwart71
Jan 2014
#20
Honestly, in hindsight, the healthcare.gov problems are pretty irrelelvant and not that big of deal.
phleshdef
Jan 2014
#23
Exactly. That's the point I was trying to make in my posts. Read my responses below.
Liberal_Stalwart71
Jan 2014
#24
The 1% is doing quite well, thank you very much. Everyone else, well ...
blkmusclmachine
Jan 2014
#16