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Oh, in case anyone missed it, the stock market rally stalled out 3 weeks ago, and has since been slowly fading.
Let's be clear, it's not as if a president can pull a lever and make the stock market go up, and there are certainly many other factors at play in the rise in stock prices over the last seven years. But, presidential policies do have an impact on the economy, which in turn matters for stocks. So in a roundabout way (at most), a president has some influence over the market.
While President Obama is just outside the top 5 for now, according to Bespoke, if the market improves over the last half year or so of his term, he could jump some of his peers.
"Looking at the way things stand, by the end of his entire tenure in office, President Obama could conceivably surpass Reagan and Eisenhower in terms of returns and finish in the top four for his entire time in office," said the note.
Also of note, the top two presidents saw serious crashes for the stock market following their tenures: Calvin Coolidge preceded Black Monday and the Great Depression, while Bill Clinton left office as the tech bubble was starting to burst.
So whether the substantial run-up in stocks under President Obama is a blessing or a curse remains to be seen.
If you own stocks, you need to thank President Obama
If he did speak English, you still could not understand.Not comparable to 3 Goldman Sachs CEO's similtaneously serving on the cabinet.Calling facts a failure is definite sign of mental illness.
Most peopme on the list were hired after leaving the White House.
Fail. Feel free to try again.
And the end results is a stabilized Economy! Correct??? The economy and financial markets have been stabilized!!!!!
The economy isn't flourising.......but thats because the GOP congress over an 8 year period decided to Filibuster, Obstruct and Sabotage the President and the economy for their own political gains at the expense of the American People!!!!!The economy isn't flourising.......but thats because the GOP congress over an 8 year period decided to Filibuster, Obstruct and Sabotage the President and the economy for their own political gains at the expense of the American People!!!!!
Democrats had a super majority, shitforbrains. And all we got was a $900 Billion Porkulus and Hopeycare.
Would it kill you to speak English?
If he did speak English, you still could not understand.Not comparable to 3 Goldman Sachs CEO's similtaneously serving on the cabinet.
Most peopme on the list were hired after leaving the White House.
Fail. Feel free to try again.
And the end results is a stabilized Economy! Correct??? The economy and financial markets have been stabilized!!!!!
The economy isn't flourising.......but thats because the GOP congress over an 8 year period decided to Filibuster, Obstruct and Sabotage the President and the economy for their own political gains at the expense of the American People!!!!!The economy isn't flourising.......but thats because the GOP congress over an 8 year period decided to Filibuster, Obstruct and Sabotage the President and the economy for their own political gains at the expense of the American People!!!!!
Democrats had a super majority, shitforbrains. And all we got was a $900 Billion Porkulus and Hopeycare.
Would it kill you to speak English?
Are you his lawyer, or his doctor?
Man, that's just great. Trump is great, Trump is good, now we pray he bless this food.
Mine were cold hard economic facts. Yours is just a weak amateurish attempt to change FACTS into a faith that can be ridiculed. Poor try, even for you.
You seem to have missed the fact that Trump isn't president yet.
You to fail to notice that he is already fixing problems and saving jobs...all while Barry is on vacation...LOL
The only problem with the deal Trump-Pence made with saving job's is, it will cost Indiana tax payer over a 10 year period----$7.0 million jobs!!!!!! And the remaining jobs left at the Carrier plant.....will be automated!!!!!! So much for saving jobs!!!!!
