Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
Please note this is not a political post.
BespokeInvest has an interesting chart up showing the return of the DJIA in the first “1368 days” of each president since 1900. For all the whining on Wall Street about Obama policies it’s been a golden era for the market. To be fair there are two major variables – (a) a very low starting point as Obama began in the throes of a financial crisis and (b) the most dovish central banker in the history of central banking. But for anyone in Manhattan or Stamford, CT to be complaining about Obama based on stock market performance, is a tad over the top.
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