Truemors
is reporting from
Member
NP Rank:
NP Rank:
Dow Jones Returns by President Since 1929
Share: 
by kferaday | July 7, 2008 at 08:20 pm
726 views | 7 Recommendations | 2 comments
Kedrosky regularly comes up with these little gems. It seems that by any metric you want to measure him the current President Bush has been a bust.
People seem to be in a historical frame of market mind this weekend, so here is a chart of Dow Jones index returns by U.S. president since Herbert Hoover obtained office in 1929. Note that I have given this result in compound annual terms to compensate for the differing lengths of presidential terms over the period.
As an aside, while President Bush is currently running neck-and-neck with Jimmy Carter for the third-worst presidential market returns in history, President Bush is the leader of the pack as far as worst market returns go for two-term U.S. presidents.
What is NowPublic?
NowPublic lets people work together to cover news events around the world.
Most RecentMost Recommended Comments (2)
at 21:58 on July 7th, 2008
kferaday, I like this story. It's good stuff.
at 03:04 on July 8th, 2008
kferaday, I like this story. It's good stuff.
Amazing! Thanks for posting this!