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Originally Posted by firstdown
Sneed your better the that. The stock market goes up and down all the time based of goverment policies. Thats also a nice graph but I notice they left off 7 yrs of Bush's time in office and why does it cut off 6 months of Obama's.
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The stock market is irrational and reactionary on a day-to-day basis. But over the course of multiple years, no government policy can have any kind of prevailing effect. The data shows what the data shows my friend.
As for your note on the selective sampling used in those graphs you're right, any time you're looking at a 1-2 year period of stock market returns, you're not getting a large enough sample to conclude anything meaningful.