Since 1900 the stock market has fared far better under Democratic presidents, with a 6.7 percent annualized return for the Dow Jones industrial average compared with just 3.5 percent under Republicans.
Posted by:
Dottard Nation
()
Date: July 29, 2020 03:53PM
Data provided by Bespoke Investment Group shows that these are the best annualized returns under individual presidents:
25.5 percent under Calvin Coolidge, a Republican, in the 1920s.
15.9 percent under Bill Clinton, a Democrat.
12.1 percent under Barack Obama, a Democrat.
“Wall Street generally considers Republicans to be better for market returns but historically, that’s not true,” said Paul Hickey, co-founder of Bespoke. “Democratic presidents have generally had better returns versus Republicans.”