Bulls, Bears, Donkeys and Elephants

November18

Since 1929, Republicans and Democrats have each controlled the presidency for nearly 40 years.

So, which party has been better for American pocketbooks – and, capitalism as a whole?

Consider what would have happened if, during those years, you had to invest exclusively under either Democratic or Republican administrations…

As of October 2008, a $10,000 investment in the S.& P. stock market index would have grown to $11,733 (at a compound rate of 0.4%) if invested only under Republican presidents.

NOTE: That would be $51,211 if we exclude Herbert Hoover’s presidency during the Great Depression which pulled the average down to -30.8%.

Invested under Democratic presidents only, $10,000 would have grown to $300,671 at an average compound rate of 8.9% over those 40 years. The Clinton administration (1993 – 2001) had the best performance over all at 15.2%.

This likely bodes well for the Obama administration providing we can sort out a way to settle down the day traders (average age: 33).

Peace be to my Brothers and Sisters.

Brian Patrick Cork

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Tags: Barack Obama, Bears, brian cork, Bulls, Clinton, Democrats, Donkeys, Elephants, Republicans

posted under Brian Cork True, Business, Culture, Finance, History, Life, Politics

What’s All This About?

"What am I looking at?", you might wonder.

Lots of stuff.

Meanwhile, here, I discuss events, people and things in our world - and, my (hardly simplistic, albeit inarticulate) views around them.

You'll also learn things about, well, things, like people you need to know about, and information about companies you can't find anywhere else.

So, while I harangue the public in my not so gentle way, you will discover that I am fascinated by all things arcane, curious about those whom appear religious, love music, dabble in politics, loathe the media, value education, still think I am an athlete, and might offer a recipe.

All the while, striving mightily, and daily, to remain a prudent and optimistic gentleman - and, authentic.