found these articles interesting:
Stock market prefers Democrats to Republicans
CBS Marketwatch article
you need a login for the cbs marketwatch, so i'll place the most pertinent parts of the article below:
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Q. True or false: The stock market performs better when the President is a Republican.
A. False. Since 1901, the Dow Jones Industrial Average's average annual gain, after inflation, has been nearly twice as high when a Democrat has occupied the White House
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Q. True or false: During Republican Presidencies, the stock market has performed better when Congress also has been controlled by Republicans.
A. False again. On average during the 28 years since 1901 in which a Republican has been President and Democrats have controlled Congress, the DJIA has produced a 2.2 percent real return (before dividends). On average during the 25.8 years in which the Republican party has controlled both branches of government, in contrast, the Dow ($INDU: news, chart, profile) has produced an inflation-adjusted return of just 1.2 percent.
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Republicans better at keeping inflation in check.
Conventional wisdom also holds that Republicans are much better than Democrats at keeping inflation in check. And Davis' research reveals that at least in this respect it is correct: Inflation tends to be much lower when Republicans control both branches of government than when the Democrats are in power.
In fact, the CPI on average actually has been negative during the 25.8 years since 1901 when a Republican has been in the White House and the Republican party has controlled Congress.
This contrasts with an average CPI of 4.8 percent during when the Democratic Party controls both branches of government.
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I found this very interesting:
When both houses of Congress opposed the president, the return was a stellar 12.9 percent.
Libertarians may celebrate this as proof that the market likes gridlock and government inaction.
But the market likes steamrollers nearly as much: The S&P performs almost as well?returning 11.8 percent?when the presidency and both houses are held by the same party.
The only situation Mr. Market dislikes is what we have now: one house for each party. Those years have a -0.9 percent return.
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And this:
Republicans are no doubt muttering that that's just the stock market, not the whole economy. But real GDP growth follows the same pattern. Since 1930 (the first year decent data is available), GDP growth was 5.4 percent for Democratic presidents and 1.6 percent for Republicans.
Stock market prefers Democrats to Republicans
CBS Marketwatch article
you need a login for the cbs marketwatch, so i'll place the most pertinent parts of the article below:
_____________________________________
Q. True or false: The stock market performs better when the President is a Republican.
A. False. Since 1901, the Dow Jones Industrial Average's average annual gain, after inflation, has been nearly twice as high when a Democrat has occupied the White House
_____________________________________
Q. True or false: During Republican Presidencies, the stock market has performed better when Congress also has been controlled by Republicans.
A. False again. On average during the 28 years since 1901 in which a Republican has been President and Democrats have controlled Congress, the DJIA has produced a 2.2 percent real return (before dividends). On average during the 25.8 years in which the Republican party has controlled both branches of government, in contrast, the Dow ($INDU: news, chart, profile) has produced an inflation-adjusted return of just 1.2 percent.
_____________________________________
Republicans better at keeping inflation in check.
Conventional wisdom also holds that Republicans are much better than Democrats at keeping inflation in check. And Davis' research reveals that at least in this respect it is correct: Inflation tends to be much lower when Republicans control both branches of government than when the Democrats are in power.
In fact, the CPI on average actually has been negative during the 25.8 years since 1901 when a Republican has been in the White House and the Republican party has controlled Congress.
This contrasts with an average CPI of 4.8 percent during when the Democratic Party controls both branches of government.
______________________________________
I found this very interesting:
When both houses of Congress opposed the president, the return was a stellar 12.9 percent.
Libertarians may celebrate this as proof that the market likes gridlock and government inaction.
But the market likes steamrollers nearly as much: The S&P performs almost as well?returning 11.8 percent?when the presidency and both houses are held by the same party.
The only situation Mr. Market dislikes is what we have now: one house for each party. Those years have a -0.9 percent return.
______________________________________
And this:
Republicans are no doubt muttering that that's just the stock market, not the whole economy. But real GDP growth follows the same pattern. Since 1930 (the first year decent data is available), GDP growth was 5.4 percent for Democratic presidents and 1.6 percent for Republicans.
