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.
Republicans hoard dividends and reinvest back into company. Democrats send back out into more investments and but limits on all the buybacks.
You monfos dont know stock market is just one of the several indices that makes up an economy. HE SAID HE BUILT THE GREATEST ECONOMY IN THE WORLD'S HISTORY not just stock market! Stop misinforming people
Oh wow
wait but I thought Trump said he’s had the greatest stock market of any President in history.
😱
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Reuters - 🏆 2. / 97 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: latimes - 🏆 11. / 82 Read more »