In case anybody hasn't noticed, the economy is way down. People who still have jobs are tending to save their money just in case, rather than buying toys. Prices were down in 91, and in 81. Both those times it took a few years for them to recover, and many have never recovered to the pre-81 level. This happens everytime there is a Bush in office...
This was posted to a WSJ.com forum by a John Frederickson:
"My investment strategy depends on what party controls the White House. During the entire 20th century, stock prices rose an average of 11% annually when a Democrat was in the White House and 2% annually when a Republican was in the White House. Based on that history, i sold all my stocks the day the Supreme Court appointed our Republican president. "
