DOW Returns 10.69% under Democratic President and 1.69% under Republican President

[TheCoxwain]

One of the consultants at my work place came running to my desk saying that stock market had plunged coz of Obama ( "the Stock market had voted" he said) ... and "Dems are generally bad for the Stock Market"

Off the top of my head I told him about the higher GDP growth rates and shared prosperity under Dems from Krugman Op-ed that I had read .. but also felt that his information was BS..

and it was ...


http://www.investopedia.com/articles/financial-theory/08/political-party-democrat-republican-stock-returns.asp?Page=1


SNIP:

...When a Republican president held office, the value-weighted return delivered nearly a 2% premium over the T-bill. When a Democrat held office, the premium was nearly 11%. While the 9% difference clearly favors the Democrats, the results from the equal-weighted portfolio were even more telling, with a 16%+ result in favor of the Democrats.

[texasleo]

1. thx m8