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>> TAXES Latest News

FEB 05, 2013 - The Week

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Why does Wall Street hate Obama?

Hey, Wall Street, where's the love for Barack Obama? His presidency has been good for you. Very good. Let me count the ways:* Since bottoming out in March 2009, the stock market, as measured by the S&P 500, has gained 125 percent. Investors have more than doubled their money in less than four years. It's the biggest gain under any president since World War II.* Since 2009, corporate profits — even when taxes are factored in — have surged 171 percent, to their highest levels since World War II.* Companies are now more profitable, relative to the size of the economy, ... Read More

Tags: Why does Wall Street hate Obama?,  Taxes Latest News