Stock Market by President
What follows are four different ways of quantifying the quality of the US based equities market based on the President. One is an exchange called the Nasdaq. The other three are indices - the Dow Jones Industrial Average, the S&P 500 and the Russell 2000.
- The Russell 2000 is the benchmark of small-cap stocks in the US.
- The index began on September 10, 1987 at the tail end of Ronald Reagan's second term. Thus the reason for Reagan's years to equal 1.36.
- The S&P 500 is generally regarded as the most accurate reflection of the US stock market as a whole. While it doesn't have the history and recognition of the Dow, it has 500 companies, compared to 30 for the Dow.
- The index began on Janruary 3rd, 1950, and like Reagan and the Russell 2000, it doesn't show the full term for Harry Truman.
Dow Jones Industrial Average
- The Dow Jones Industrial Average is the most recognizable index in the US, despite it only representing thirty companies.
- The data starts on October 1st, 1928, when the Dow went to the current format of thirty companies. This will be reflected in Calvin Coolidge's results.
- The Nasdaq is an exchange that is mostly known for listing technology companies.
- The exchange began on February 8th, 1971, roughly two years into Richard Nixon's first term.