While Republicans promote themselves as the friendliest party for Wall Street, stock investors do better when Democrats occupy the White House. From a dollars- and-cents standpoint, it’s not even close.
What a meaningful statistic this would be! If the US economy consisted solely of the expected short-term returns to capital enjoyed by the 500 largest publicly-traded companies in the country, and the government’s function was solely to maximize the size of that economy, then this would really be resounding support for the Democrats and their policies.
The article states that the most dramatic gains happened under Clinton - and the stock-market boom under Clinton was driven by the tech bubble and massive deregulation of the banking sector. I’m not sure either of those are accomplishments the Democratic Party is super proud of.
They should have pushed it all the way back to Hoover.
Oh boy, that would be masturbatory material for liberals.