
By Trevor Doerksen | Article Rating: |
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January 5, 2009 05:50 AM EST | Reads: |
26,936 |

Trevor Doerksen's Blog
What is going to happen to technology companies in 2009? If Democrats are good for technology what companies are Republicans good for - that is, what is going to happen to non-technology companies in 2009? Here's a look at some charts that correspond to leadership in the White House and performance of stocks.
Have a look at some charts that correspond to leadership in the White House and performance of stocks. Starting with Bush Senior, a Republican, in 1988 you can see that the markets were pretty turbulent. One thing I notice over that 4-year terms is that the the most turbulent was the technology heavy Nasdaq stocks. Notice, that in late 1992, the same time the markets could see Bill Clinton would be the next US President the Dow dips and the Nasdaq takes off.

The markets are all up for most of his term, but none more than the technology heavy Nasdaq. Notice again the drastic dip near the end of this term in the Nasdaq. Lots of things going on here, not the least of which was George Bush Junior, a Republican, was looking like he could be the next President. I know I bought my first oil stock in the months leading up to his election.
So, we move on. The trend so far is clear. Republican bad for Nasdaq, Democrat good.



Wow, the markets seemed pretty aware a Bush government would serve Exxon well. Then Clinton didn't seem to hurt Exxon, but you can see they underperformed other sectors. Then Bush takes over and look at the "correction" Exxon takes off again.

Published January 5, 2009 Reads 26,936
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Trevor Doerksen is CEO & Founder of MoboVivo, Inc., and business development consultant for Cybera Inc. He has been at the intersection of media and technology for nearly 20 years. He has investigated and developed large-scale implementations of streaming video and Internet TV for government and industry. MoboVivo was the first company in Canada to sell television programming online.
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