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Economist (October 9)

2012/ 10/ 11 by jd in Global News

As the U.S. presidential election heats up, the media is awash in party-related statistics. The Economist reports that since 1929, “America’s stockmarket has gained more under Democratic than Republican presidents” with Democratic administrations presiding over a 460% increase in nominal share prices versus 100% for Republican administrations. In terms of cumulative returns, the results are even starker. The Democrats scored 300% versus the Republican’s 0%.

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