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