"While Republicans promote themselves as the friendliest party for Wall Street, stock investors do better when Democrats occupy the White House," Bloomberg reports.
In fact, since John F. Kennedy was inaugurated, $1,000 invested in a hypothetical fund that tracks the S&P 500 "only when Democrats are in the White House would have been worth $10,920 at the close of trading yesterday.
ROLL CALL: Republicans Gain Steam in House Races. “While political reporters and party strategists argue over whether there is an electoral wave ahead, district-level data demonstrates a difficult landscape for Democratic candidates... Read Post
Democrats are ramping up their criticism of Republicans by tying them to Wall Street, launching a "coordinated attack" combining national and state party resources, as well as interest groups. Building off the Obama administration's... Read Post