BTW, the stock market is not celebrating an Obama presidency

[SeattleUte]

Speaks volumes.

[Levin]

Originally Posted by SeattleUte

Speaks volumes.

So does the stock market's brilliant and insightful rise during the Internet boom followed by its repeated striking of gold from financial institutions in 2006. Market, lead the way to wisdom!

[BlueK]

Originally Posted by SeattleUte

Speaks volumes.

The market went down immediately after Bill Clinton's election in 92. Then it rallied for the rest of the decade.

[il Padrino Ute]

Originally Posted by BlueK

The market went down immediately after Bill Clinton's election in 92. Then it rallied for the rest of the decade.

Did it rally before or after '94?

[TripletDaddy]

Neither Obama nor McCain have won anything yet.

The market IS, however, tanking under the hand of GWB. Same with our currently economy. Housing. Government spending.

That dude is so lucky it is an election year because he has basically been given a free pass for the past 6 or 8 months. My guess is that Republicans are tired of defending him.

[Flystripper]

Originally Posted by il Padrino Ute

Did it rally before or after '94?

1992 - 1993

S&P 14.5%
DOW 13.9%
NASDAQ 36.3%

Not exactly a boom for the S&P and DOW but the NASDAQ did very well during that time. In any case it was not the doom and gloom you predicted.

[il Padrino Ute]

Originally Posted by Flystripper

1992 - 1993

S&P 14.5%
DOW 13.9%
NASDAQ 36.3%

Not exactly a boom for the S&P and DOW but the NASDAQ did very well during that time. In any case it was not the doom and gloom you predicted.

I never predicted gloom and doom during teh Clinton administration, as he was a pure politician and would do whatever it took to make his legacy look good.

Obama is different. He really believes in his socialist policies.

[Flystripper]

Originally Posted by il Padrino Ute

Did it rally before or after '94?

What did you mean by that? I may have misunderstood you.

[il Padrino Ute]

Originally Posted by Flystripper

What did you mean by that? I may have misunderstood you.

'94 is when the Repubs gained the majority. I may not remember correctly, but it seems that the economy started to get going during Clinton's time when he worked with Repubs rather than his own party.

[Flystripper]

Originally Posted by il Padrino Ute

'94 is when the Repubs gained the majority. I may not remember correctly, but it seems that the economy started to get going during Clinton's time when he worked with Repubs rather than his own party.

It did take off after 94 but pre-94 (when he has his power) was not abysmal.