Tag: george-bush
Can the stock market pick the next president?
NEW YORK (AP) — The number has been repeated so often by presidential prognosticators that it’s an article of faith: No president has been re-elected since World War II with an unemployment rate higher than 7.2 percent. But the stock market turns out to be a pretty good predictor, too. The Dow Jones industrial average has soared 62 percent since President Barack Obama took the oath of office during some of the darkest days of the Great Recession.


