Stock markets historically do better under Dems than Reps. - Jan. 22, 2004

Stock markets historically do better under Dems than Reps. - Jan. 22, 2004

"NEW YORK (CNN/Money) - Plenty of Wall Streeters are Republicans. The party's policies are seen as better for big business and therefore better for the stock market.

'Democrats are seen as being pro-regulatory, and more willing to enact laws against Wall Street and laws against CEOs,' said Don Luskin, chief investment officer at Trend Macrolytics.

But here's Wall Street's strange little irony -- studies show the stock market performs better and tends to be less volatile when Democrats are in power. "

Any number of reasons for this one, but the numbers kind of speak for themselves.

Kerry/Edwards: 2004.