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26.09.2020, 03:33

We Looked At How The Stock Market Performed Under Every U.S. President Since Truman — And The Results Will Surprise You

We Looked At How The Stock Market Performed Under Every U.S. President Since Truman — And The Results Will Surprise You

Forbes Sep. 23, 2020

We Looked At How The Stock Market Performed Under Every U.S. President Since Truman — And The Results Will Surprise You

Biden versus Trump. Some speculate that the future of the republic hinges on the outcome of the next election. But for smart investors it doesn't really matter who wins.

Conventional wisdom says that those liberal Dems are generally bad for the economy and the stock market because of their big government tendencies, while fiscally conservative Republicans are good. This widely accepted belief is actually fake news if you look at data going back to the end of World War II.

“Stock markets do perform better under Democrats than under Republicans. That’s a well-known fact, but it does not imply cause and effect,” says Jeremy Siegel, the Russell E. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania. From 1952 through June 2020, annualized real stock market returns under Democrats have been 10.6% compared with 4.8% for Republicans.

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24.09.2020, 01:15 von COO | 239 Aufrufe

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