When President Obama took office on Jan. Bank stocks in particular were hit quite hard, with the sector in general declining by 30 percent. Bank of America Corp. While the economic backslide may have seemed to indicate that the America public was less than confident in their newly elected leader, the dip was instead widely credited to continued lack of confidence in the failing economy left behind by the previous administration.

Under former President Bush, the stock market took a 2. If nothing else, the historic lows of the Bush administration and the shaky beginnings of the Obama years definitely indicate an economy in flux.

Good news, however, was not too long in coming.

Despite its inauspicious economic beginnings, the Obama administration has overseen an impressive upswing in the stock market. As of the end of Obama's term on January 20, , the Dow Jones had more than recovered from its January slump , resting nicely at 19, More importantly, it had maintained a healthy range of 15, and 19, in Though there have been intermittent downturns, the Dow's general upward trend speaks well for the Obama administration's efforts at economic recovery.

Dictionary Term Of The Day. A measure of what it costs an investment company to operate a mutual fund.

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Where was the Dow Jones when Obama took office? By Investopedia Updated March 30, — 2: Learn about the Dow Jones Industrial Average and its impact. This historically significant index provides a daily snapshot Find out how the Dow Jones Industrial Average tracks the health of the U. This fluctuating number indicates the Find out when you can trade shares linked to the Dow Jones Industrial Average during NYSE and Nasdaq trading sessions.

Inching ever higher, the Dow Jones recorded new highs in May Since the index was first calculated in , it has grown As Obama readies to leave office, analysts have begun to consider his economic legacy.

Bush departs with lousy stock stats in his wake - MarketWatch

Although the DJIA only includes 30 stocks, it can tell you a lot about the market as a whole. On May 19, the White House released the disclosure reports for Barack Obama's financials.

Where was the Dow Jones when Obama took office? | Investopedia

As markets continue their run higher, investors wonder what the next stop is. Find out how this financial visionary helped everyday people enter the world of finance. President Obama has unveiled plans to increase taxes for the wealthy.

Stock Market Crash of Causes, Effects and Timeline | Stock Picks System

Retirement income and capital gains are two key areas in the proposal. Commonly referred to as just the "Dow," the Dow 30 was created An expense ratio is determined through an annual A hybrid of debt and equity financing that is typically used to finance the expansion of existing companies. A period of time in which all factors of production and costs are variable.

Stock Market Crash Anticipating Trump’s Win is Just Like Reagan

In the long run, firms are able to adjust all A legal agreement created by the courts between two parties who did not have a previous obligation to each other. A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation.

A statistical technique used to measure and quantify the level of financial risk within a firm or investment portfolio over Content Library Articles Terms Videos Guides Slideshows FAQs Calculators Chart Advisor Stock Analysis Stock Simulator FXtrader Exam Prep Quizzer Net Worth Calculator.

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