For the Record - Sept. 7, 2008
Elections and stock trends: An article in Saturday’s Section A about how elections may influence the stock market reported that, since 1949, whenever a Republican president ruled with either a GOP-controlled or split Congress, the Dow Jones industrial average posted a 6.7% annual return. That has been true when there was a Republican president and either a Democratically controlled or split Congress. As stated elsewhere in the article, the Dow has returned an average of 14.1% annually when the GOP controlled both the White House and Congress.
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