A little market history for you this morning care of the Dow Jones Wilshire 5000, the broadest measure of U.S. stocks. President Obama may have a troubled economy to deal with, but as the Bush team exits the White House they've set the bar low for the performance of equities compared to the past four administrations.
From Wilshire Associates:
Annualized Total Return DJ Wilshire 5000
President First Term Second Term Total
Ronald Reagan 12.1% 16.1% 14.1%
George H.W. Bush 14.5% ----- 14.5%
Bill Clinton 17.7% 13.5% 15.6%
George W. Bush* 1.0% -5.5% -2.3%
*With the exception of President George W. Bush, the dates are inclusive of each President’s term. The data for President Bush (43) is as of Friday, January 16.
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