The Stock Market Fares Better Under Democratic Presidents
March 29th, 2006 | by Paul Merda |Who-da-thunk that the Stock Market does better under the Dems. This article from Yahoo Finance says it all.
Since 1948, Republican Administrations have controlled the White House 57.2 percent of the time. But during the period that the GOP was in office, stock returns have averaged only 9.53 percent per year, while under Democratic administrations, stocks returned 15.25 percent per year, more than five percentage points higher.
Once again, I must ask, why do people vote Republican?