Leave it to Skulnik to drag Clinton and WMD's into a thread about the DJIA. JMHO. TIA.
stock market on Obama's watch
- Thread starter hedgehog
- Start date
Leave it to Skulnik to drag Clinton and WMD's into a thread about the DJIA. JMHO. TIA.
Granted its got nothing to with obama's watch--but as I told Smurph in other thread it is extremely relevant to fact- it's the financial worlds statement following knowing which party/pres will be dictating economic policy next 4 years.
Hate to be redundant with same post as other thread--but wanted to make sure you got chance to respond Matt.
Market history of day following results of who's in power next 4 years--
Year Dow S&P Nasdaq President elect
2008 -5.05 -5.27 -5.53 Barack Obama
2004 +1.01 +1.12 +0.98 George W. Bush
2000 -0.41 -1.58 -5.39 No decision: G.W. Bush v Al Gore*
1996 +1.59 +1.46 +1.34 William Clinton
1992 -0.91 -0.67 +0.16 William Clinton
1988 -0.43 -0.66 -0.29 George H. W. Bush
1984 -0.88 -0.73 -0.32 Ronald Reagan
1980 +1.70 +1.77 +1.49 Ronald Reagan
1976 -0.99 -1.14 -1.12 James Carter
1972 -0.11 -0.55 -0.39 Richard Nixon
1968 +0.34 +0.16 --- Richard Nixon
1964 -0.19 -0.05 --- Lyndon Johnson
1960 +0.77 +0.44 --- John Kennedy
1956 -0.85 -1.03 --- Dwight Eisenhower
1952 +0.40 +0.28 --- Dwight Eisenhower
1948 -3.85 -4.15 --- Harry Truman
1944 -0.27 0.00 --- Franklin Roosevelt
1940 -2.39 -3.14 --- Franklin Roosevelt
1936 +2.26 +1.40 --- Franklin Roosevelt
1932 -4.51 -2.67 --- Franklin Roosevelt
1928 +1.20 +1.77 --- Herbert Hoover
1924 +1.17 --- --- Calvin Coolidge
1920 -0.57 --- --- Warren Harding
1916 -0.35 --- --- Woodrow Wilson
1912 +1.83 --- --- Woodrow Wilson
1908 +2.38 --- --- William Taft
1904 +1.30 --- --- Theodore Roosevelt
1900 +3.33 --- --- William McKinley
1896 +4.54 --- --- William McKinley
* George W. Bush ultimately was determined the winner of the 2000
election.
Source: Reuters EcoWin
...........................................................
you dont have to be hysterical and desparate anymore
:142smilie
let it go
everything will be ok
Why yes, look how good the market is doing WITH the bush tax breaks!:142smilie :142smilie funnisest post I have seen here in a long whiile!
Granted its got nothing to with obama's watch--but as I told Smurph in other thread it is extremely relevant to fact- it's the financial worlds statement following knowing which party/pres will be dictating economic policy next 4 years.
Hate to be redundant with same post as other thread--but wanted to make sure you got chance to respond Matt.
Market history of day following results of who's in power next 4 years--
Year Dow S&P Nasdaq President elect
2008 -5.05 -5.27 -5.53 Barack Obama
2004 +1.01 +1.12 +0.98 George W. Bush
2000 -0.41 -1.58 -5.39 No decision: G.W. Bush v Al Gore*
1996 +1.59 +1.46 +1.34 William Clinton
1992 -0.91 -0.67 +0.16 William Clinton
1988 -0.43 -0.66 -0.29 George H. W. Bush
1984 -0.88 -0.73 -0.32 Ronald Reagan
1980 +1.70 +1.77 +1.49 Ronald Reagan
1976 -0.99 -1.14 -1.12 James Carter
1972 -0.11 -0.55 -0.39 Richard Nixon
1968 +0.34 +0.16 --- Richard Nixon
1964 -0.19 -0.05 --- Lyndon Johnson
1960 +0.77 +0.44 --- John Kennedy
1956 -0.85 -1.03 --- Dwight Eisenhower
1952 +0.40 +0.28 --- Dwight Eisenhower
1948 -3.85 -4.15 --- Harry Truman
1944 -0.27 0.00 --- Franklin Roosevelt
1940 -2.39 -3.14 --- Franklin Roosevelt
1936 +2.26 +1.40 --- Franklin Roosevelt
1932 -4.51 -2.67 --- Franklin Roosevelt
1928 +1.20 +1.77 --- Herbert Hoover
1924 +1.17 --- --- Calvin Coolidge
1920 -0.57 --- --- Warren Harding
1916 -0.35 --- --- Woodrow Wilson
1912 +1.83 --- --- Woodrow Wilson
1908 +2.38 --- --- William Taft
1904 +1.30 --- --- Theodore Roosevelt
1900 +3.33 --- --- William McKinley
1896 +4.54 --- --- William McKinley
* George W. Bush ultimately was determined the winner of the 2000
election.
Source: Reuters EcoWin
So what was the worlds 'statement' over the last few months as the market has crashed? Was that Obama also?
What if the market goes up 400 points today? Is that Obama? I mean, seriously.
I guess the crooks that control Wall Street, you know Bush's base, are running scared:142smilie kurby kurby
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- Mar 2, 2006
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This is the most irrelevant semi-interesting information I have ever seen. So since FDR's first term in office also coincided with the last biggest loss in the market, I guess he was a horrible president. Funny how he was the only horrible president in history to be elected to four terms. I guess the American people thought differently.
So what was that 900 point drop a couple weeks ago? The largest drop 2 weeks away from an election?
You guys need to be patient. I'm sure there will be plenty of legitimate things to criticize Barry for once he actually is the president, but this shit is just silly.
usually the market respnds favorably to the stability of the final selection of president...the market likes stability...
apparently,thats not the case this time.....
you're right. the market crashing has nothing to do with the shitty housing market, people losing half their retirement accounts, the auto industry about to go down the tubes, retailers showing record losses, quartetly earnings down for 80% of the corps reporting, etc, etc, etc.
it's ALL Obama's fault. you're right
WTF are you thinking, kosar????
you're right. the market crashing has nothing to do with the shitty housing market, people losing half their retirement accounts, the auto industry about to go down the tubes, retailers showing record losses, quartetly earnings down for 80% of the corps reporting, etc, etc, etc.
it's ALL Obama's fault. you're right
WTF are you thinking, kosar????
I don't know what i'm thinking other than that some of these guys operate in another dimension.
you may have a point....the dow`s only down 282 so far today...
thats up from yesterday...
/:SIB
The Economy controls itself regardless of who is president. We saw it have a sharp decline under Cinton with the dot.com bubble. Now we have the housing bubble, which shouldn't be called the housing bubble at all because banks and lenders are who is to blame. The whole Economy is in recession now, not "just" the housing bubble. Now the whole economy is in the shitter because banks were loaning out money to anyone, funny how my next door neighbors who work at Subway and the local liquor store and have two boys in College qualified for a 315K condo with no problems at all:142smilie :142smilie No money down I might add. Research shows which administrations (presidents) relaxed these lending policies, but I won't get into that. People who are educated should know this fairly well. Regardless, the market has it's ups and downs and will continue to do so. Hopefully, it will recover soon. The economy will always have it's peaks and valleys regardless of who's president (The Dow hit 14,000 under Bush in 2007), and then retreated. It's bound to show annual returns of around 17-20% for the next few years (maybe not 2009, but I would guess 2010-2012). I know what I'm talking about after trading stocks in the markets before and getting a BA in Economics and MBA in Marketing.
kneifl
kneifl
