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.
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I got mine, F you Forbes.
This election has more to do above the overall wellness of America than it does about the economy of scale. If we don’t get a solid handle on this pandemic there will be no economy. People are dying a lot.
It DOES MATTER who wins. Unless they want Trump Jong Un as dictator, everyone better wake up! The coup has begun in Portland. 🤬🤬🤬
i want trump to win again a fan from nigeria
Cant go by that because clinton only had a big market because late 90s was the internet boom. Obama took over at the financial collapse, and followed it with the slowest recovery ever in the history of the U.S. Market went up because that was the only way it could go.
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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.”
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