With the end of Obama’s presidency it is always good to look back on what has taken place. While there are a lot of different views on his legacy once cannot be denied, and that is his market impact. Under his presidency the market has rebounded and investors have felt the boom of the market.
Key Takeaways:
- After eight years in office, Barack Obama has a market record any red-blooded American capitalist could be proud of.
- U.S. shares have soared, oil prices have come down, borrowing is cheap and profits are up along with the dollar.
- Even those who bet against President Obama made good money, with returns from gold and bonds better than those delivered by shares under his predecessor, George W. Bush.
“After eight years in office, Barack Obama has a market record any red-blooded American capitalist could be proud of. U.S. shares have soared, oil prices have come down, borrowing is cheap and profits are up along with the dollar.”
http://www.wsj.com/articles/obamas-stock-market-legacy-is-hard-to-beat-1484845684
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