'Kerry win could boost UK stocks'

[Khephra]

'Kerry win could boost UK stocks' Sep 4 2004







Investors should be hoping John Kerry wins the United States presidential election as historically the UK stock market performs better following a Democrat victory, figures showed.

The FTSE 100 has risen by an average of 5% between October and December in the years since 1984 when a US presidential election has been won by a Democrat, according to Halifax Financial Services.

But the market has remained static during the same period if Americans voted a Republican into power.

The FTSE has also performed better in the run-up to elections which have been won by Democrats, rising by an average of 10% between when candidates are nominated in June and when people go to the polls in November, compared with gains averaging just 2% for elections won by Republicans.


http://iccroydon.icnetwork.co.uk/news/national/tm_objectid=14602900&method=full&siteid=53340&headline=-kerry-win-could-boost-uk-stocks--name_page.html

[therealist]

1. History

Does anybody know how history has shaken out here in the U.S?

[CJCRANE]

2. I read an article in Slate magazine

a year or two ago which showed that US stocks increased more in value annually under Democratic than Republican administrations (I think it was 12% vs 8%).