No. of Recommendations: 2

Guess again ! When Bush took office the S&P 500 was 1342. It closed today at 1114. That's a LOSS of 16.98%

Within a month after 9/11 the market recouped its losses resulting from the shock of the attack.

That is the worst performance compared with any other president's 4-yr term. The market would have to rise more than 30% to reach the second worst performance - Nixon's 2nd term (-13%)

9/11 wasn't alone in creating a pall over the economy. Our invasion of Iraq created a huge amount of uncertainty, and as many people know "uncertainty" is just something the stock marlket can't stand.

That overriding uncertainty, created by an inept administration, stifled a lot of corporate plans to spend money. CEO's didn't know what to expect next from these guys.
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