December 13, 2004

Cause or Effect?

My brother notes:

Michael Forsythe writes for Bloomberg News: “One of the best indicators of superior returns on U.S. stocks during President George W. Bush’s first term was contributions to Republican candidates.

“The 50 companies that most favored Republicans with their political donations delivered an average 44 percent return on investment over the last four years, while the Standard & Poor’s 500 Index fell 4.1 percent, assuming dividends were reinvested.”


Posted by Michael : December 13, 2004 05:45 PM | Economics & Money | TechnoLinks
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