The market rallies are tied to the O approval ratings.
The lower his ratings the higher the market.
It’s a scenario that has been proven out for decades.
Link?
The lower his ratings the higher the market.
It’s a scenario that has been proven out for decades.
You've got that exactly backwards.
"Presidents who were in office while the stock market was strong typically have been more popular and vice versa."
http://seekingalpha.com/article/150521-presidential-approval-rating-vs-stock-market-returns
You know I said last late summer and early fall that I thought the market downturn was due (a lot) to fear of Obama.
the business community was smart enough to know that he would be a disaster for capitalism and were breaking back to see what happened.
Then the worst happened and they really broke back.