Financials And Presidents

Takeaway: Clinton takes the cake, with financials growing +366% over his two terms.

 Today, Hedgeye held an election call with Director of Research Daryl Jones, Financials Sector Head Josh Steiner and Healthcare Sector Head Tom Tobin to discuss different aspects and metrics of the upcoming 2012 election. Steiner examined the different returns in the financials sector over each different presidential administration. Here’s what we found:

-During Reagan’s two terms, financials grew 354%

-During Bush’s (H.W.) term, financials grew 96%

-During Clinton’s two terms, financials grew 366%

-During Bush’s (W) two terms, financials fell -74%

-Thus far, during President Obama’s first term, financials have grown 109%

Financials And Presidents - STEINER election