Thursday, January 20, 2011

DOW up 48% since Obama's Inauguration

How Obama helped fuel a Wall Street boom

To read full yahoo business news article click on: "How Obama helped fuel a Wall Street Boom" above. see quote below.

Since Obama took office on Jan. 20, 2009, the Dow Jones Industrial Average is up about 48%, the S&P 500 Index is up 60% and the tech-focused Nasdaq Composite Index is up 90%. end quote.

Since the Dow is up 48%, the S&P 500 is up 60%, and the Nasdq Composite is up 90% it is very difficult to say that Obama isn't pro business like many people have tried since he came into office.

One might make a case that he isn't pro labor but that really won't fly either because one must have businesses working well before they can hire anyone new.

No comments: