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Old 10-31-2019, 10:12 AM
 
Location: Kansas City, MISSOURI
20,871 posts, read 9,541,930 times
Reputation: 15595

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Say it ain't so!

https://www.marketwatch.com/story/a-...=mw_latestnews

"Breaking it down by the numbers, FT Alphaville also pointed to a study published by the University of Chicago’s Booth School of Business that shows, from 1927 up to 2015, the average excess market return with a Democrat in office is 10.7% vs. a -0.2% with a Republican."
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Old 10-31-2019, 11:26 AM
 
45,582 posts, read 27,196,139 times
Reputation: 23898
Translation... Ignore what's happening now. Ignore the bad policy that the Democrats are campaigning on.

Let us show you some creative math and how we can make two relatively unrelated criteria appear to make sense.

Democrats good... Republicans bad. Go vote and then it's time for your nap.
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Old 10-31-2019, 11:33 AM
 
Location: Boston, MA
14,483 posts, read 11,285,313 times
Reputation: 9002
It's going good under a Republican now. That's all I care about.
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Old 10-31-2019, 11:34 AM
 
Location: King County, WA
15,847 posts, read 6,547,612 times
Reputation: 13340
I wonder if that is because Dem Presidents tend to get elected after the Pubs have tanked the economy, so the Dems are in office while the stock market recovers? Other than that, I don't think Presidents have that much influence over the economy. Unless they apply tariffs, of course, or otherwise screw things up.
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Old 10-31-2019, 11:37 AM
 
17,308 posts, read 12,255,968 times
Reputation: 17262
Repeated attempts at trickle down theory which doesn't work.

Economy is in deep trouble per Trump himself.
https://twitter.com/realDonaldTrump/...t-economy-ever
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Old 10-31-2019, 11:38 AM
 
21,937 posts, read 9,508,101 times
Reputation: 19464
Quote:
Originally Posted by James Bond 007 View Post
Say it ain't so!

https://www.marketwatch.com/story/a-...=mw_latestnews

"Breaking it down by the numbers, FT Alphaville also pointed to a study published by the University of Chicago’s Booth School of Business that shows, from 1927 up to 2015, the average excess market return with a Democrat in office is 10.7% vs. a -0.2% with a Republican."
That's because the market usually crashes after Democrats are in office for a while.
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Old 10-31-2019, 11:42 AM
 
Location: Kansas City, MISSOURI
20,871 posts, read 9,541,930 times
Reputation: 15595
Quote:
Originally Posted by Grlzrl View Post
That's because the market usually crashes after Democrats are in office for a while.
That comment made absolutely no sense at all. The research said that the stock market does BETTER under democrats, not worse. That means that, during the time democrats are in the White House, the stock market tends to perform better than under republicans.

Why that is so hard to understand, I don't know.
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Old 10-31-2019, 11:46 AM
 
Location: Oklahoma
17,800 posts, read 13,698,337 times
Reputation: 17832
Quote:
Originally Posted by Grlzrl View Post
That's because the market usually crashes after Democrats are in office for a while.
Of the 5 biggest market down turns of the last 100 years, 4 have been towards the end of or immediately following a Republican's term as president. One Democrat.

1929- Hoover- (R)
1961- Immediately following Eisenhower (R)
1980- End of Carter (D)
1987- End of Reagan (R)
2007- End of W. Bush (R)
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Old 10-31-2019, 12:06 PM
 
Location: Wisconsin
37,972 posts, read 22,157,422 times
Reputation: 13803
Quote:
Originally Posted by James Bond 007 View Post
Say it ain't so!

https://www.marketwatch.com/story/a-...=mw_latestnews

"Breaking it down by the numbers, FT Alphaville also pointed to a study published by the University of Chicago’s Booth School of Business that shows, from 1927 up to 2015, the average excess market return with a Democrat in office is 10.7% vs. a -0.2% with a Republican."
I think it's silly to try and make the claim that somehow Democrat presidents are responsible for a booming stock market.

Look at what happened to the same S&P 500 from 1953-1961, under the Eisenhower presidency. Then look at it again from 1981-1993 under Regan and Bush. the market skyrocketed.

S&P 500 Index - 90 Year Historical Chart

BTW, under Obama we had year after year of quantitative easing, and a almost 0% interest rate. That had a lot to do with growth in the market. When interest rates are essentially zero, the market is about the only place to grow your money.

United States Fed Funds Rate (Click on 10y graph)
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Old 10-31-2019, 12:11 PM
 
Location: Gaston, South Carolina
15,713 posts, read 9,525,892 times
Reputation: 17617
Quote:
Originally Posted by rjshae View Post
I wonder if that is because Dem Presidents tend to get elected after the Pubs have tanked the economy, so the Dems are in office while the stock market recovers? Other than that, I don't think Presidents have that much influence over the economy. Unless they apply tariffs, of course, or otherwise screw things up.
Interesting in that most Republicans here won't acknowledge that this current economy begn under the previous president.
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