We Looked At How The Stock Market Performed Under Every U.S. President Since Truman — And The Results Will Surprise You

  • 📰 Forbes
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Biden versus Trump. Some speculate that the future of the republic hinges on the outcome of the next election. But for smart investors it doesn't really matter who wins.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

😱

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street see-saws as investors weigh mixed earnings, stimulus prospectsU.S. stock indexes traded mixed and in a narrow range on Wednesday as investors digested mixed quarterly results, stimulus negotiations in Washington and simmering U.S.-China tensions. This market feels happy, and it's going to stay happy until it doesn't.
Source: Reuters - 🏆 2. / 97 Read more »

Stocks could tumble 20-30% on a 2nd-wave virus spike and China tensions, warns one long-standing market bull | Markets InsiderLongtime market bull Ed Yardeni sees escalating US-China tensions and rising coronavirus cases placing significant pressure on the stock market'... He knows nothing ! In 1st virus wave DJ go from 20k to 27k I guess in second virus wave we will see 45000 Dow JONES !! Not much of a prediction. Stocks could always tumble 20-30%. The Fed has been propping up the market because it's all Donald has to brag about. It's a lie and also THE STOCK MARKET IS NOT THE ECONOMY.
Source: BusinessInsider - 🏆 729. / 51 Read more »

European stocks and U.S. futures fall as Trump warns pandemic will ‘get worse before it gets better’European stocks and U.S. futures slipped lower on Wednesday after President Trump warned the pandemic would “get worse before it gets better.”
Source: MarketWatch - 🏆 3. / 97 Read more »

Tesla's insane stock price makes sense in a market gone madLike a SpaceX rocket lofting a Tesla Roadster into orbit, Tesla stock is on a vertical trip into outer space. russ1mitchell explains: russ1mitchell Makes as much sense as two women agreeing to birth 6 children with Elon Musk.
Source: latimes - 🏆 11. / 82 Read more »