Yes, it is time to celebrate. We are in a historical bull market. Conservatives continue to wage war on the Obama economy. Meanwhile, bull market continues to move forward! And in the long run, it looks even better: experts predict continued growth stocks until 2016, when an election of the new president.
Stock market rages since March 2009, when the Dow Jones Industrial Average (DJIA) slid to reach 6,547, which was unpleasant collapse by 53.9% from its peak in October 2007, which was 14,164, while the credit crunch on Wall Street in the last year of the Bush presidency. S & P500 dropped to a mark of 676, falling to 56.6%.
Since March 2009, the stock market rose steadily. For five years DJIA recovered and reached almost 17,000. Whereas the S & P500 is approaching 2,000. The market growth is more than 250% … and it’s not the end!
So, what to expect from the stock market until 2016, when it elected a new President? Growth! Until that time, the market grew by 250%, and the chance to further boost in the coming years. More than 300%? Such dynamics provide preferred candidate of the Democrats.
Conservatives successfully slowed the pace of the U.S. economic recovery. However, the stock market is surprisingly strong against this political confrontation.
At each progressive step Obama – such as health care reform or Obamacare, the new provisions under the protection of the environment, equal pay for women and men, to protect the rights of sexual minorities, raising the minimum wage, research on stem cells, simplifying the procedure of immigration, deficit reduction and much more, conservatives react new attack on the president without offering alternative solutions, just criticism.
However, the bull market continues to rage. With the growth of discontent with Obama amid slowing economic recovery and combating the financing of infrastructure by the Conservatives, who failed to “push” program to stimulate employment … stock market strengthened and continues its bull growth.