Tuesday, July 15, 2008

Market Reactions

Does the stock market do better under Republican or Democratic administrations?

Idiots say "Republican!"

Wrong.

http://www.marketwatch.com/news/story/democratic-presidencies-arent-always-bad/story.aspx?guid={BEF92A1B-6F9C-4B5D-902C-FA6A4FC6C2A8}

"the Dow Jones Industrial Average Dow Jones Industrial Average produced an annualized return of 7.21% during Democratic presidents, in contrast to an average of 3.6% during Republican presidents -- or almost precisely half as much

...

"facts remain facts even when you don't like them."

Sorry, idiots.

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