The stock market is down for the first year of a Republican President - excluding
the first year he got re-election.
We looked back to data from ex-President George W. Bush in 2001 to
ex-US President Dwight D. Eisenhower in 1953.
We show below the price of the S&P500 for the first year of a Republican President
Orange reflects the price at the start of the month
Blue reflects the price at the end of the month
George W. Bush 2001
George H. W. Bush 1989
Ronald Reagan 1981
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Richard Nixon 1969
Dwight D. Eisenhower 1953
Conclusion:
1) The first year of a Republican President is bad for the stock markets,
4/5 times the market is down
2) We did some correlation analysis on Singapore STI and the US markets.
Turns out they ...