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What The State Of The Union Address Can Do To The Market

Tuesday marked President Obama’s sixth State of the Union speech. So what can we expect from the market the day after the President’s speech? Today’s article looks at the reaction of the market after each State of the Union address going back as far as John F. Kennedy in 1961. Here’s what they had to say, “The biggest of the market jumps came after George H. W. Bush’s Jan. 29, 1991 speech, when the Dow rose 1.9%. That was also in the midst of the first Gulf War. Despite the strong market gains during the Obama presidency, stocks have dropped after four of the six State of the Union speeches delivered by the 44th president.” To check out the data, CLICK HERE.