The 28 Worst Market Reactions to Newly Elected Presidents

[thegreatgate]

Not many people thought that running the country was going to be an easy job for President Obama, and based on the Dow's returns since election day, the market doesn't think so either. Below we highlight the performance of the Dow this many days past election day for all Presidential elections since 1900. As shown, the Dow's decline of 17.78% since Obama's election 93 days ago is the index's biggest drop following any election in the last 108 years.

[Aufan 1983]

Wow... thats very interesting. Some will say and to a point it may be true that we are facing an economic crises like no other in our history.

With that said all the talking heads on tv said that an Obama victory would take the market even lower. Looks like they were right

[thegreatgate]

It's actually not the 28 worst market reactions. It is all post-election market reactions since 1900.

[BadThad]

Interesting!

[micro]

Originally Posted by thegreatgate

Maybe just give him a time. It's too early to say something. Jusy my two cents

[CaptD]

Check this out: SEC Attorneys Probed For Insider Trading - CBS News

[shuebakka]

It's also worth noting that the market was in a clear downtrend by the time of Obama's election.

If we use mid September, a date with another crash-inducing event that was out of the president's hands for Bush Jr. (9/11), then Obama will need the Dow to be around 6900 at the same time this year to officially be worse. Which would be about a 25% drop. Or using one year as a marker, Obama would see the Dow at around 7200 if he were to parallel Bush Jr. during his first year.

Just sayin'. Time is relative.