In light of the fact that I am seeing my net worth go up in smoke, I thought I'd take a look at recent Dow Jones Industrial Average history.
Here are the closing numbers for the Dow on the night before the last 4 Presidential inaugurations and today:
- 965.36
- 2239.11
- 3264.98
- 10587.59
Today: 11382.26
Here are the Presidential Returns:
Reagan: 131.9% over 8 years - an 11.1% annual return
Bush I: 45.8% in 4 years - a respectable 9.9% annual return
Clinton: 224% in 8 years - a stellar 15.8% annual return
King George: 7.5% in we'll call it 7 years - a stunning 1.04% annual return.
The numbers don't lie.