How the stock market and economy performed under Democratic presidents

Yahoo Finance2021-01-21

Inauguration Day for President-elect Joe Biden couldn’t get here quick enough for stock market bulls (and let’s face it, civilization at large). Because according to historical data, stocks tend to do...

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发财虎猫
2021-01-21
发财虎猫
Okie
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In year one of a Democratic presidency, the S&P 500 has risen on average by 19.4% dating back to 1932, per data crunched by BMO Capital Markets chief markets strategist Brian Belski.\nThe gains have tended to stretch throughout the presidency of Democrats, Belski’s data shows. On average, the S&P 500 has gained 10.4% annually when a Democrat has been in office compared to a 6.6% return under Republican leadership. 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Amid the specter of a new $1.9 trillion stimulus plan to boost the economy during the COVID-19 pandemic, the Dow Jones Industrial Average is up 2% in the past month. The Nasdaq Composite has shown a 3.5% gain, while the S&P 500 has clocked in with a 2.5% advance.\nSince Election Day on Nov. 3, all three of the major equity Indexes are up by more than 15%. 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