Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (32875)	8/28/2000 6:47:36 PM
From: Michael L. Voorhees	Respond to of 769670

Post-election, however, the numbers would make a better case for Al Gore. According to the Salomon Smith Barney study, if there were a change of party, the market was up four times and down eight times, post-election. Of the 16 instances the incumbent party remained in power, the market went up in 11 cases and down in five. “We can see that the more prominent poor-performance years have followed an election year in which the incumbent party has been ousted,” Shaw and Yamada said. “It may be that the new president representing the new party goes straight to work, possibly proposing some unpopular positions or programs to rectify perceived mistakes of the administration just ousted from office.” Shaw and Yamada also found that, overall, stocks tend to have significantly higher returns during Democratic administrations than during Republican administrations. Furthermore, according to a University of Chicago study that dates back to 1926, average return for small caps and mid-caps has been significantly better under Democrats than Republicans. A Republican president was elected in five of seven election years that small caps lagged.