Another Inaugural Factoid
Since Barack Obama became president, the Dow Jones industrial average has fallen about 2 percent. Of course, he has a lot of time left in office to recover lost ground.
To see how other recent presidents fared, the folks at DJ Wishire 5000 index ran the numbers. The number for W’s second terms is as of Jan. 16. The results:
Annualized Total Return DJ Wilshire 5000
Ronald Reagan First Term: 12.1% Second Term: 16.1% Total: 14.1%
George H.W. Bush First and Only Term 14.5%
Bill Clinton First Term: 17.7% Second Term: 13.5% Total: 15.6%
George W. Bush First Term: 1.0% Second Term: -5.5% Total: -2.3%









Comments
George W. Bush First Term: 1.0% Second Term: -5.5% Total: -2.3%
There's a statistic that doesn't tell the story.
Posted by: Bucky | January 23, 2009 5:12 PM