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What President crashed the stock market?
The 1920s were a period of optimism and prosperity – for some Americans. When Herbert Hoover became President in 1929, the stock market was climbing to unprecedented levels, and some investors were taking advantage of low interest rates to buy stocks on credit, pushing prices even higher.
Can the President close the stock market?
The stock and bond markets alike will be closed in honor of George Washington's birthday. Most Americans are being treated to a three-day weekend thanks to the Presidents' Day holiday ... and that includes investors. The stock markets and bond markets will be closed on Feb. 21, 2022, in observation of Presidents' Day.
Does the president's policies affect the stock market?
Presidents get a lot of the blame, and take a lot of the credit, for the performance of the stock market while they are in office. However, the truth is that the president's ability to impact the economy and markets is generally indirect and marginal.
Which president had the highest inflation rate?
Richard Nixon If you consider the high inflation that was prevalent during his time in office, the real losses would look a lot worse.
What do Hillary Clinton and Donald Trump agree on?
Hillary Clinton and Republican Presidential hopeful Donald Trump don’t agree on much, but one thing they both agree on is that the nation’s defensive capabilities need to be bolstered. It’s not clear exactly what that means, but broadly speaking, it bodes well for defense stocks.
Who tweeted the 550% price hike?
If the war on soaring drug prices had a clear starting point and an instigator, it was Hillary Clinton on Sept. 21 of last year when she tweeted in reference to 550% price hike for an obscure drug:
Who is the Democratic candidate for 2016?
The 2016 Democratic National Convention has confirmed Hillary Clinton as the party’s presidential candidate. This marks the first time a female has led a major party ticket, and now Clinton will try to become the first female to lead the nation when America votes for its 45th president this fall.
