美国总统和普标500指数的回报

US Presidents as the political leader of the nation can influence the economy through their policies, but their influence to the stock market is very marginal.  People will argue when a president from Republican Party with its conservative view on economy will translate to the stock market gain, vice versa, a president from Democratic Party will be bad for the stock market.  Let’s take a look at S&P index returns under both Republican and Democratic presidents for the past 28 years, and recessions during that time.

President	Date	S&P	Date	S&P	%	Recession
Clinton 1st Term	20-Jan-93	435	17-Jan-97	776	78%	No
Clinton 2nd Term	20-Jan-97	776	19-Jan-01	1,343	73%	No
Bush 1st Term	22-Jan-01	1,343	19-Jan-05	1,185	-12%	No
Bush 2nd Term	20-Jan-05	1,185	16-Jan-09	850	-28%	Yes
Obama 1st Term	20-Jan-09	850	18-Jan-13	1,486	75%	No
Obama 2nd Term	22-Jan-13	1,486	19-Jan-17	2,264	52%	No
Trump	20-Jan-17	2,270	07-Oct-20	3,419	51%	Yes

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