October 19, 2008

"Government is not the solution to our problem; government is the problem..."

Dear friends,

Stocks Have Actually Done Better Under Democrats

Today Sunday, October 19, 2008, is the 21st anniversary of Black Monday, October 19, 1987, when the stock market (NYSE: New York Stock Exchange, is what we usually mean by "stock market") took, to be polite, a dip.

Since the whole world is waiting for the US elections on November 4, 2008 we found some useful assumptions from the past...

The Stock Market under Democratic & Republican administrations:

President Party Date Months in Office Annualized Stock Return

Truman D 11/48-10/52 48 18.28%
Eisenhower R 11/52-10/60 96 14.96%
Kennedy D 11/60-10/63 36 15.15%
Johnson D 11/63-10/68 60 10.39%
Nixon R 11/68-7/74 69 -1.32%
Ford R 8/74-10/76 27 17.21%
Carter D 11/76-10/80 48 11.04%
Reagan R 11/80-10/88 96 15.18%
Bush R 11/88-10/92 48 14.44%
Clinton D 11/92-10/00 96 19%
Bush, G.W. R 11/00-2/06 63 -0.92%

Average from 1948 to Feb. 2006

Democrat 42.8% 15.26%
Republican 57.2% 9.53%
Overall 100% 11.95%

To read the whole article, press here.

Big government is staging a comeback.

When Ronald Reagan entered the White House in 1981, he famously declared, "Government is not the solution to our problem; government is the problem."

...If Barack Obama is elected president and Democrats strengthen their grip on Congress, the period could be transformative. Democrats would enact a series of programs that they believe would boost economic growth and improve middle-class living standards.

To read the whole article, press here.

The conclusion is yours...


/A

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