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Well I don't know about all the way back to 1927 but in recent history
(aka Bill Clinton) the market did well with a republican congress that could basically nix all his grand spending plans. GW's lack of vetoing any spending bills in 4 years was frustrating to me and I will not be alone in makeing sure he knows I expect him to do that in the next 4. The market doesn't like big spenders.... but it it is more distasteful of John Kerry's promises to not only spend more but tax more. Icebound wrote: "kontiki" wrote in message ... .... snip... The stock market apparently agrees as well. Well, if voters were serious about stock market returns, they might have read this before going into the booth: http://www.personal.anderson.ucla.ed...a/Politics.pdf It shows that historically since 1927, the market has done about 9% better when Democrats were in power when compared to the periods Republicans were in power. On a similar note about stocks and presidents, there is this: http://www.financialadvisormagazine...._2004_was.html |
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