onventional wisdom says that those liberal Dems are generally bad for the economy and the stock market because of their big government tendencies, while fiscally conservative Republicans are good. This widely accepted belief is actually fake news if you look at data going back to the end of World War II.
With the 2020 election less than four months away, some investors are fretting about the pros and cons of a Trump vs. Biden presidency. A Democratic sweep would almost certainly mean a rollback of Trump’s massive corporate tax cut , but additional economic stimulus and stability on the China trade front would be a big positive. Which presidents have delivered the best stock returns? So far Democrats are dominating.
The winner among presidents for the best cumulative stock market return is William J. Clinton, with nearly 210%. The worst: George W. Bush, with -40%. Uncertainty has been the biggest disrupter of markets by far. In September 1955, for example, stocks dove 6.5% in a single day when Eisenhower suffered a sudden heart attack after a golf outing. When Kennedy was assassinated in November 1963 the immediate fall off was 3%. In both instances stocks promptly recovered.
It’s ridiculous to judge market returns by who the POTUS is and their party. For example, Bill Clinton crashed the expansion that Reagan started but the Contract With America Republicans turned things around.
I will setup or fix google analytics, facebook pixel and tag manager tagmanager
Does it help anyway to get away the poverty
Where is BUSH FATHER ?
The behavior of the fed is more important than who’s president. Obama had the most accommodating fed of any president ever
Conventional wisdom says that those liberal Dems are generally bad for the economy and the stock market because of their big-government tendencies, while fiscally conservative Republicans are good
this is the biggest fake statistic ever. just watch the index and make your own conclusion. FORBES IS A TERRORIST MEDIA. Obama was better in economy than Trump:) very funny and Michel Obama is more sexy than Melania. We will stay up on 3rd of november and bring you to court.
Since I'm nearly 100% in equities, I guess I better vote for Biden.
Contrary to his continual boasts, Trump currently ranks 8th. The U.S. was already 8 years into the longest economic recovery in history when Trump was elected. With much of the country dealing with lockdowns amid the COVID-19 pandemic, the U.S. fell into a recession in Feb 2020.
Sold me. I'm voting Dem
There were a few other presidents between Truman and Reagan.
Absolutely right, but it only means since Truman most Dem presidents were too liberals to let US industries moved to the China for cheap forced labors and CEOs made tons of money, but US is paying the price now.
You should consider that in the past, economically talking, there was not a big difference between Rep and Dems. Now it is totally different, with radical left with big voice on Dem Party
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Forbes - 🏆 394. / 53 Read more »
Source: Reuters - 🏆 2. / 97 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »