Douger
Rookie
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- #21
Who?s who in the Obama cabinetSo what you're saying is the Democrats are the party of Wall Street?
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Who?s who in the Obama cabinetSo what you're saying is the Democrats are the party of Wall Street?
I think it all comes down to the republican habit of often using scare tactics.
By Bob Drummond
While Republicans promote themselves as the friendliest party for Wall Street, stock investors do better when Democrats occupy the White House. From a dollars- and-cents standpoint, it’s not even close.
The BGOV Barometer shows that, over the five decades since John F. Kennedy was inaugurated, $1,000 invested in a hypothetical fund that tracks the Standard & Poor’s 500 Index (SPX) only when Democrats are in the White House would have been worth $10,920 at the close of trading yesterday.
That’s more than nine times the dollar return an investor would have realized from following a similar strategy during Republican administrations. A $1,000 stake invested in a fund that followed the S&P 500 under Republican presidents, starting with Richard Nixon, would have grown to $2,087 on the day George W. Bush left office.
“The market does tend to do better under Democrats than under Republicans,” Sam Stovall, chief investment strategist at S&P Equity Research in New York, said in a telephone interview. “Is it because Republicans mishandled the economy, or inherited a weak economy? I’ll leave that to others.”
More: Stocks Return More With Democrat in White House: BGOV Barometer - Bloomberg
I think it all comes down to the republican habit of often using scare tactics.
Both parties use scare tactics.
I think it all comes down to the republican habit of often using scare tactics.
Both parties use scare tactics.
Maybe, but republicans fall for them with such amazing obedience.
Correlation does not imply causation.
I think it all comes down to the republican habit of often using scare tactics.
Both parties use scare tactics.
Maybe, but republicans fall for them with such amazing obedience.