πΊπΈ MARKET CRASHES AND US PRESIDENTS
☝️ Over the past 120 years, all but one of the major market crashes occurred under a Republican president. One collapse under a Democratic president in 1966 was moderate at about 25 percent. Moreover, market highs since 1900 have been reached under every Republican president, which has not happened under three Democratic presidents.
What does this mean:
1️⃣ This suggests a low probability of a major market crash of over 25 percent before the 2028 election if a Democratic president wins the 2024 election.
2️⃣ The success of a Republican president could statistically mean the likelihood of an all-time high and a fall in US stock markets of over 25 percent before the 2028 election.
Market situation:
3️⃣ Taking into account the completion of the long 18-year cycle of the US stock market in the range of 2025-2028, the chances are quite high that a Republican will become the US President in 2024.
4️⃣ Also, given that over the past 120 years under a Democratic president the stock market has not declined more than 25%, and Biden is a Democrat and his current term will last until January 2025, it can be assumed that the risks of a serious recession and a decline in the stock market are greater 25% in 2024 is small.
Crash President DJIA
1906 Roosevelt,R -47%
1910 Taft,R -28%
1932 Hoover,R -85%
1966 Johnson, D -25%
1974 Nixon,R -45%
1987 Reagan,R -41%
2002 Bush ml,R -39%
2008-9 Bush ml,R -55%
2020 Trump,R -37%
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