JOURNAL OF APPLIED BUSINESS AND ECONOMICS
From Washington to Wall Street: The Relationship Between National
Politics and Stock Market Performance
Author(s): James M. Day, Thomas W. Harvey
Citation: James M. Day, Thomas W. Harvey, (2013) "From Washington to Wall Street: The Relationship Between National Politics and Stock Market Performance," Journal of Applied Business and Economics, Vol. 15, Iss. 3, pp. 68-90
Article Type: Research paper
Publisher: North American Business Press
Abstract:
The question explored in this paper is the relationship between national politics and the stock market.
There is an interesting relationship between Washington and Wall Street that has existed in the United
States for decades that many citizens either do not know or do not understand. Government has had an
increasingly influential role in the economy of the United States, particularly since the creation of the
Federal Reserve. We seek to understand and explain the impact the balance of power in Washington and
political activity can have on the performance of the stock market.