It was a tumultuous election year. The incumbent president, having served two terms, was not running. His party faced what looked like an uphill fight to hold the White House. The weakened economy had been wracked by financial crises. Public resentment of financial institutions was on the rise, and much political rhetoric struck a note of strident economic populism. The stock market slid to new lows.That refers, of course, to 1896.
Friday, February 22, 2008
Bulls, Bears & Presidents
My article about election years past is up at the financial magazine Research. Excerpt: