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8/27/2020 1:43:18 PM
 
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Section 4: President & Congress Subject: Dow Jones Performance Msg# 1095044
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Expansion of fracking was one economics driver during Obama's years (despite his leanings).
One benefit flowing from fracking has been making the US the leading nation across the globe in reducing emissions. A chunk of credit goes to natural gas produced by fracking. We are by far leading the world in the cleanest emissions. All the others seem to be missing their Paris Climate Accord targets. Go figure.
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For reference, the above message is a reply to a message where: One criticism of those kinds of charts has been made by the technical financial analysts. In today's markets with all the modern methods of fast communications, the markets react very quickly. Thus the boosts from Trump's election were occurring immediately after his election. It generally continued thru November & December 2016 and into the new year 2017. But those time frames were technically within the Obama administration, as reflected on most of the charts and tabulations. Notice your data focuses on inauguration days. Seems these are valid criticisms of such economics. And its not a new argument/debate for guys who watch such stuff. Also has happened in other swings of political leadership. Also the distorting effects of lumping single term vs multiple term presidencies. Another factor is the burgeoning of new technologies. As you've noted, the dot-com emergence occurred under Clinton, yet was unrelated to the political climate. Bringing big economic expansions during those Clinton years. Expansion of fracking was one economics driver during Obama's years (despite his leanings). And of course there's also the huge economic negatives of Covid.
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