Money Forum World

VeraM · Joined: 08 Nov 2007 Posts: 2081

Has anybody ever made or seen a report on the growth rate of stocks for the last two presidencies? I wondered what gains were made from the Clinton term and comparing it to the gains made throughout the G. W. Bush term. Thanks.

Sasha Pennington · Joined: 08 Nov 2007 Posts: 2143

You may find Stock Traders Almanac interesting. Its written by Yale &amp, Jeffrey Hirsch / The Hirsch Org. Inc. in Nyack NY.and published by John Wiley &amp, Sons Inc. It holds lots of stats. Makes interesting reading.

Hiram-Anthony · Joined: 08 Nov 2007 Posts: 2013

Well, I'm not sure that the data is going to tell you much. you must remember that throughout the Clinton governance we had the tech bubble which burst throughout the Bush governance. It has taken all of these seven years for most of the averages to recover from that episode. So consequently we're about where we were when Bush has been elected for his first term. The eight years of the Clinton governance saw one of the really big rallies on Wall Street. The Dow Jones Industrials went from about 3000 to about 10,800. What is that? Better than a 3.5x increase. But the Nasdaq did better. Under Bush, from about 10,800 to about 13,100 about a 20% increase, but his watch isn't over still. it may get much worse next year. The Nasdaq may possibly have its head above water by now. I'm not sure. I believe the recent sell off put it back in the red.

Jeanne Humphrey · Joined: 08 Nov 2007 Posts: 2164

Clinton benefited from the Reagan tax cuts, which stimulated the economy. The market started collapsing six months before the end of Bill Clintons second term and continued through the Bush Adminstation. The market rebounded nicely after the Bush tax cuts.