President Obama just joined an exclusive club.
He is one of only five presidents to see the Dow Jones Industrial Average gain 50 percent or morethrough his first three years in office, according to a report from Bespoke Investment Group. Obama, who has overseen a 60 percent gain in the Dow since taking office, joins two Democrats, Bill Clinton and Franklin Delano Roosevelt, and two Republicans, Calvin Coolidge and Dwight D. Eisenhower in the club.
Republican presidential candidates and other critics have derided Obama for not doing enough to help businesses during his tenure. But the evidence may prove otherwise. As of early November, Wall Street firms had earned more under Obama than during all eight years of George W. Bush's presidency, even as he's slammed bankers as "fat cats."
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