Democrats VS Republicans: Stock Market Performance
Democrats VS Republicans: Stock Market Performance
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A 2006 study by Jeremy Siegel, a professor of finance at the Wharton School of the University of Pennsylvania, showed that from 1948 through February 2006, annualized stock market returns averaged 15.3% under Democratic administrations and 9.5% under Republicans.
Had the study been updated to reflect the market’s performance since then under President George W. Bush, the discrepancy would have been larger. During that period, the Standard & Poor’s 500 index has fallen 23.7%.
Shouldn’t really be surprising. I think we are way overdue for a Democrat in office.
The Rest is Up To You…
Michael Porfirio Mason
AKA The Peoples Champ
AKA The Seventh Letter
The Guide to Getting More out of Life
http://www.thegmanifesto.com
Naughty By Nature – Uptown Anthem
09/10/2008 at 1:16 pm Permalink
Yeah “the whites are going to get their heads kicked in”
(From In Bruges)