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Which President Is Better for the Economy? What Historical Data Tell Us.

4 0
24.07.2024

As the presidential race heats up, 73 percent of voters say the economy is at the top of their minds. If the S&P 500 index indicates the robustness of the U.S. economy, historical data show the stock market performed better under Democratic presidents than Republican ones. Since 1928, the average annualized S&P returns for a Democratic president in office have been 14.43 percent. For Republican presidents, that number is 8.81 percent. Analyzing time series starting from the end of a major crisis, such as World War II, the 1973 oil crisis and the collapse of the dot-com bubble, returns have consistently been better under Democratic presidents than Republican ones.

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However, the historical trend of superior stock........

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