Thread: An Olive Branch
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Old November 3rd 04, 10:00 PM
kontiki
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Well I don't know about all the way back to 1927 but in recent history
(aka Bill Clinton) the market did well with a republican congress that
could basically nix all his grand spending plans.

GW's lack of vetoing any spending bills in 4 years was frustrating to
me and I will not be alone in makeing sure he knows I expect him to do
that in the next 4. The market doesn't like big spenders.... but it
it is more distasteful of John Kerry's promises to not only spend more
but tax more.


Icebound wrote:

"kontiki" wrote in message
...

.... snip... The stock
market apparently agrees as well.



Well, if voters were serious about stock market returns, they might have
read this before going into the booth:

http://www.personal.anderson.ucla.ed...a/Politics.pdf

It shows that historically since 1927, the market has done about 9% better
when Democrats were in power when compared to the periods Republicans were
in power.

On a similar note about stocks and presidents, there is this:

http://www.financialadvisormagazine...._2004_was.html