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Feb 23, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: The stock market loves Democrats

Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
The stock market loves Democrats
Feb 23rd 2012, 15:31

So says Bloomberg, anyway:

The BGOV Barometer shows that, over the five decades since John F. Kennedy was inaugurated, $1,000 invested in a hypothetical fund that tracks the Standard & Poor's 500 Index (SPX) only when Democrats are in the White House would have been worth $10,920 at the close of trading yesterday. That's more than nine times the dollar return an investor would have realized from following a similar strategy during Republican administrations.
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