These 36 Wisconsin Corps had their average stock prices increase by 162% from January 16, 2009 to the close yesterday, Aug 12, 2013. And this 162% increase is 1.6 times the 99% increase in the S&P 500 Index over the identical time span.
Wisconsin citizens have to be extremely happy with the overall stock market performance of their superb Wisconsin Companies during the Obama Administration.
But there's much more to this story.
Wisconsin US Senators Tammy Baldwin and Ron Johnson, as well as Representative Paul Ryan, have all especially worked hard and very successfully on behalf of nearly all Wisconsin companies. And in the cases of Johnson and Ryan, they have worked across the aisle on some key issues, particularly when the end result was economically beneficial to Wisconsin citizens and businesses.
Thus, it only makes sense that financially savvy Senator Johnson has stepped up to be part of the "The Diners Club", a group of 8 of the brightest Republican Senators who have decided to patriotically work with the Obama Administration to help solve the country's fiscal problems.
And in a like manner, Representative Ryan has had meetings with the Obama Administration in an attempt to put a major dent in the country's fiscal problems.
I do think that one thing that nearly everyone has missed is how the massive increase in the US stock market has had a substantial downward impact on the annual deficits of the US Government. I'll make a prediction.....If the US stock market continues on its present upward path, the annual US Government deficit in the last year of the Obama Administration will be less than $100 bil. It will have nothing to do with austerity, and all to do with a robust US economy, hopefully one where all boats rise, not just the yachts.
Below here are the common stock market closing prices of each of these 36 Wisconsin Corps at both the most recent date (August 12, 2013) or on the date the company was recently sold, and also at the date just before President Obama took office in his first term (Jan 16, 2009), as well as the percentage stock market price changes for this period of time:
|Companies Headquartered in Wisconsin|
|Assisted Living Concepts (1)||Menomonee Falls||$12.90||$4.01||222%|
|First Business Financial Services||Madison||$32.75||$11.00||198%|
|Briggs & Stratton||Wauwatosa||$20.33||$15.12||34%|
|Associated Banc-Corp||Green Bay||$17.12||$15.89||8%|
|National Presto Industries||Eau Claire||$72.36||$73.30||-1%|
|Bank Mutual||Brown Deer||$6.26||$10.18||-39%|
|Average Increase: all 36 Wisconsin Corps||162%|
|Dow Industrials Index||15,419.68||8,281.22||86%|
|S&P 500 Index||1,689.47||850.12||99%|
|S&P Mid-Cap 400 Index||1,240.59||516.75||140%|
|S&P SmallCap 600 Index||595.13||247.89||140%|
(1) Assisted Living Concepts above most recent price is its selling price of $12.90 per share when it was acquired by TPG in July 2013.