| An examination by Bloomberg showed that a hypothetical investment of $1,000 in Standard & Poor's stocks in 1961, the year John F. Kennedy was inaugurated as president, and kept in stocks only when Democrats occupied the White House, would be worth $10,920 today. On the other hand, $1,000 invested the same way in 1973, the year the next Republican, Richard Nixon, was inaugurated, would only have been worth $2,087 on the day George W. Bush vacated the Oval Office. If the same $1,000 had been made in Dow Jones stocks, the difference would have been $7,550 to $2,716. "The market does tend to do better under Democrats than under Republicans." |
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