Guess Which President Has Been Best for the Stock Market? at CNBC.com reports that President Obama has presided over the greatest stock market advance among recent Presidents since 1976. The results for the first 43.5 months of each term are:
Carter - 20%
Reagan - 23%
Bush 1 - 45%
Clinton - 51%
Bush 2 - -17%
Obama - 68%
The stock market has been great, for those that stayed invested in equities. Guess my colleague was right when she told me that the stock market does very well under Democratic Presidents. I should have listened to her :-)
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This is not financial or investing advice. Please consult a professional advisor.
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