Trump's turn? Republican presidents rule recessions
History could portend a bad omen for President-elect Donald Trump: recessions are more common under Republican presidents.
Every Republican president since Teddy Roosevelt in the early 1900's endured a recession in their first term, according to an analysis from Sam Stovall, chief investment strategist at stock research firm CFRA. Four Republican presidents suffered through two recessions while in office and Republican President Dwight Eisenhower presided over three. Meanwhile, Democrats have largely skated past the recession quicksand. Four in five Democratic presidents saw no recessions during their terms since 1945, Stovall says.
While history isn't gospel, the track record makes the odds that a recession might appear during President Trump's term all the more likely, Stovall says. "From a probability perspective, a recession is very likely in President Trump’s first term in office," he says.
http://www.msn.com/en-us/money/marke...cid=spartandhp
History could portend a bad omen for President-elect Donald Trump: recessions are more common under Republican presidents.
Every Republican president since Teddy Roosevelt in the early 1900's endured a recession in their first term, according to an analysis from Sam Stovall, chief investment strategist at stock research firm CFRA. Four Republican presidents suffered through two recessions while in office and Republican President Dwight Eisenhower presided over three. Meanwhile, Democrats have largely skated past the recession quicksand. Four in five Democratic presidents saw no recessions during their terms since 1945, Stovall says.
While history isn't gospel, the track record makes the odds that a recession might appear during President Trump's term all the more likely, Stovall says. "From a probability perspective, a recession is very likely in President Trump’s first term in office," he says.
http://www.msn.com/en-us/money/marke...cid=spartandhp
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