Ever wonder how the market behaves under different presidents?
So, buckle up, because we're diving into the wild world of presidential stock market performances.
The Blame Game: It's Always the President's Fault... or Credit
First things first—presidents love to take credit when the stock market soars and shift blame faster than a hot potato when it tanks. But the reality? The market dances to its own tune, influenced by global events, interest rates, and yes, sometimes a tweet at 3 a.m.
But let’s not get too serious. Here’s a fun fact: The stock market loves a bit of stability and hates surprises. So, a president who manages to avoid too many “surprises” (looking at you, impulsive policy changes) often sees a steadier market. But where’s the fun in that?
The Republican Bull and the Democratic Donkey
Here’s where things get spicy. Historically, the stock market has seen positive returns under both Republican and Democratic presidents. But the numbers? They might surprise you.
Poor President Bush entered the White at the peak of the tech bubble and exited at the bottom of the financial crisis. It's possibly the worst timing in presidential history.
Beyond the presidency, the only time the markets are noticeably weak is when congress is controlled by the Democrats under a Republican President.
Other than that, I'll take any of the other 5 scenarios.
As much as each side wants to take credit or blame, the stock market doesn’t lean Red or Blue.
So let’s keep your money out of politics this year and let it quietly grow in the background.