Presidential Parties and the Stock Market by Dave Dorgan
ARTICLE SYNOPSIS ...Presidential Parties And The Stock Market by Dave Dorgan
Is there a relationship between the Presidential party in power and the subsequent performance of the stock market? Before you take a guess, here are the facts.
Conventional wisdom would have one believe that the stock market should perform better under a fiscally
conservative (Republican) US President than under a socially liberal (Democratic) US President. Now that we are in yet another Presidential election year, I wanted to know if the political affiliations of the President had a long-term impact on the stock market's performance....