Long-term patterns of the stock market vs. US Presidents
I'm not a history buff, but tried to chart the stock market vs. all US Presidents since 1960 (the presidential cycle if you will).
Turns out ALL democratic Presidents enjoyed a rising market, while only 2 out of 5 of their republican peers did.
In fact, ALL democratic periods ended at an ALL TIME HIGH for the S&P.
Sure, it's no secret information at all, but insightful if one cares to do the long-term look from time to time I guess.
I don't know if history really does repeat, but the long secular bull market of 1974 to 2000 suggests that this recent bull isn't necessarily over yet...
Additionally, a Point and Figure count over the lateral (or congestion) period from 2000 to 2011 points to a target of roughly 5.000 in the S&P 500.
Other opinions, please?
Turns out ALL democratic Presidents enjoyed a rising market, while only 2 out of 5 of their republican peers did.
In fact, ALL democratic periods ended at an ALL TIME HIGH for the S&P.
Sure, it's no secret information at all, but insightful if one cares to do the long-term look from time to time I guess.
I don't know if history really does repeat, but the long secular bull market of 1974 to 2000 suggests that this recent bull isn't necessarily over yet...
Additionally, a Point and Figure count over the lateral (or congestion) period from 2000 to 2011 points to a target of roughly 5.000 in the S&P 500.
Other opinions, please?