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Chart of the Week: Dow Industrials Post Election
Posted By Barry Ritholtz On November 1, 2004 @ 11:52 am In Economy | Comments Disabled
This chart of the Dow below depicts the markets behavior post-Presidential election. It is concerned not with partisan party politics but with rather incumbent versus challenger returns.
Dow Industrials Post Election
Source: Chart of the Day 
Why markets behave this way: When Incumbents lose, its typically because of a weak economy; That leads to more weakness – at least until there is a comfort level with the new policies of the President-elect.
A steep decline in the dollar seems inevitable 
The economic limits of politics 
Highflier Google on right track for growth 
In an anti-Bush world, key backers 
Hell to Pay 
Will sagging Dow predict the winner? 
Quote of the Day:
Chance favors the informed mind.
-Louis Pasteur  (1822-1895)
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2004/11/chart-of-the-week-dow-industrials-post-election/
URLs in this post:
 Image: http://bigpicture.typepad.com/photos/uncategorized/average_election_year_10_2004_2.jpg
 Chart of the Day : http://www.chartoftheday.com/
 A steep decline in the dollar seems inevitable: http://www.economist.com/printedition/displayStory.cfm?Story_ID=3329902
 The economic limits of politics: http://abcnews.go.com/International/CSM/story?id=193943
 Highflier Google on right track for growth: http://www.mercurynews.com/mld/mercurynews/10061842.htm
 In an anti-Bush world, key backers: http://www.csmonitor.com/2004/1101/p01s02-wogi.html
 Hell to Pay: http://www.msnbc.msn.com/id/6370525/site/newsweek/
 Will sagging Dow predict the winner?: http://www.delawareonline.com/newsjournal/local/2004/11/01willsaggingdowp.html
 Louis Pasteur: http://scienceworld.wolfram.com/biography/Pasteur.html
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