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posted on 14 November 2017

SP 500 Shows How The Market Recovered After The Economic Crisis

from Statista.com

-- this post authored by Dyfed Loesche

Taking credit for something you can't really influence seems to be one of the favorite pitfalls for politicians.


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This time around, incumbent president Donald Trump suggested that soaring markets were "virtually unprecedented" under his reign. This isn't true. A glimpse at the S&P 500 since the economic crisis shows that the market has been in a bullish mood, with a few hick-ups, since 2009.

Though markets react to political indicators, such as a new president taking office, they more often seem to follow their very own rational. That’s why the jury's always out on whether, for example, a market uplift is happening because or despite of real world events, suggesting that even the Commander in Chief doesn't hold sway over the markets.

This might turn out to be a good thing, considering that the next consolidated economic downturn is sure to come. He who doesn't take credit doesn't have to take the blame either.

Infographic: S&P 500 Shows How the Market Recovered After the Economic Crisis | Statista You will find more statistics at Statista.

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