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Friday, May 17, 2013

Obama's Bull Market

And by the way, why hasn't Obama gotten any credit at all for the amazing bull market in stocks that has occurred during his administrations?

I mean, the value of all stocks, as measured by the Wilshire 5000, is up $9.2 trillion since Obama's first inaugural.

And up an amazing $2.7 trillion (18%) just since his reelection.

Many people are making huge amounts of money. If this happened under a Republican president we'd hear no end of it. So what's going on?

(By the way, stock market capitalization minus US debt has increased by $2.9 trillion since Obama first took office.)

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