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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.26+1.2%Jan 15 3:59 PM EST
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To: RetiredNow who wrote (65866)7/28/2004 11:33:33 AM
From: Dennis Doubleday  Read Replies (2) of 77400
 
> I couldn't find the article that compiled the stats over the last 50 years proving that if an incumbent Republican is re-elected, then the following year the stock market performed better on average than if a Democrat upset a Republican incumbent. So it's not misinformation, it's just a fact. But the other fact, which you pointed out, is that the markets have performed better under Democrats as a whole.

If such a study exists, it suffers from a laughable selection bias. Think about it....if a Republican (or Democrat) is re-elected, the economy is probably good. If an incumbent is upset, then the economy is probably bad. Reverse the party roles and the results are probably the same.
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