Three things: 1) Overall, the economy has done better under Democrat admins than under Republican. 2) The big messes that had to be cleaned up have mostly been left by Republican administrations. 3) The Stock market is almost always irrational. It's a big mistake to believe it is a direct reflection of the real economy. People do not buy stocks because the economy is doing well, they buy them because the market is going up. That allows them to buy even more on margin and drive the market to even greater irrationality. They keep buying until they are out of cash and can't borrow any more. They sell stocks because they are afraid. The more heavily margined they are the more fear engendered by market corrections. Eventually the fear is enough to cause a major sell-off. Rinse and repeat. Irrational markets do not spontaneously seek equilibrium. They spontaneously moves away from equilibrium toward their limits and then reverse....
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