On Wed, Feb 05, 2003 at 10:31:54PM -0500, John D. Giorgis wrote: > The 1990's represented an unprecedented economic phenomenon, and > there appears to have been a 50-50 chance of it occuring underneath a > Republican or Democratic President,
Over a longer period, from 1948 to 2001, the average annualized real US stock market return was 11.25% during Democratic Presidential terms and only 6.11% during Republican Presidential terms.[1] + 8.64 Truman +13.42 Eisenhower +13.88 Kennedy + 7.42 Johnson - 6.93 Nixon + 9.27 Ford + 0.93 Carter +10.26 Reagan + 9.81 Bush +16.01 Clinton -17.38 Bush, G.W. (through Dec 2001) > or for that matter, a Republican or Democratic Congress. I don't have data on Congress. Maybe Congress even has a stronger effect on the market than the President, I don't know. But apparently the market performance is not 50-50 based on party of the President over the post WWII period. [1] Jeremy Siegel, _Stocks for the Long Run_ -- "Erik Reuter" <[EMAIL PROTECTED]> http://www.erikreuter.net/ _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
