I never said any are better. The longest economic expansion was under a democrat. The worst downturn was under a republican. Those are the facts. There are underlying reasons behind the correlation but I won't go into them.
I agree and I know exactly what they are.....(control of the House and Senate is also interesting during these periods.... ;-) ) When wars took place, what industrial/economic advancement shifts occurred, etc., have a lot more basis for the economic results than who rented the white house at the time.
FDR inherited what a republican screwed up. What did the dow do under hoover ? What did the dow do under FDR ? http://www.lowrisk.com/djia100year.htm
news flash, republican start wars, democrats end them economic advancement is directly affected by the preisdents policy on big business. guns or butter ?
I will be watching the "market delta" like a hawk for the ES between 1305 - 1307 ........ I will be watching for the breakout move myself (never even looked close today....lame response at the days highs). I tend to agree with you....there should be at least one good push at the 1307 level again before this tent folds up.
Why do u think that ? Today the gap got closed to the upside, now we need to fill the 2 gaps under us before we go higher.
policy means nothing....laws passed by congress and then signed by the President do. Like Clinton signing NAFTA or Welfare Reform...... ;-)