- On December 31, 2007 or first trading in 2008, during President Bush's second term
- On March 6, 2009, very early in President Obama's first term, which was the lowest point of the stock market due to the spillover effects resulting from the 2008 financial meltdown, and
- also in mid-May 2014 or was sold in 2014 or in the last half of 2013
A handful of these 2,572 US Companies are legally headquartered overseas but with very substantial operations in the US.
These 2,572 largest US Companies had their equally-company-weighted average stock market prices decline by 55% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But in the slightly more than five years since March 6, 2009, the equally-company-weighted average stock market prices of these same 2,572 largest US Companies have increased by a very impressive 430% through mid-May 2014.
On the downside, this 430% average growth was lower than the 457% average growth for the slightly less than 5 years from March 6, 2009 to late February 2014. California's average stock market price increase declined from 472% for the slightly less than 5 years from March 6, 2009 to late February 2014 to a much lower 402% increase for the slightly more than than 5 years from March 6, 2009 to mid-May 2014. Likewise, Massachusetts's average stock market price increase declined from 367% for the slightly less than 5 years from March 6, 2009 to late February 2014 to a much lower 308% for the slightly more than than 5 years from March 6, 2009 to mid-May 2014.
The substantial average stock market price decline in the most recent 3 months for both California and Massachusetts Companies is due mainly to very high multiple of earnings common stocks getting crushed by the market in the most recent 3 months, especially biotechnology, technology, and high multiple of earnings other health care stocks.
Also, a US Congress unable to enact any Income Inequality Narrowing legislation which is also beneficial to Silicon Valley and San Francisco Area Businesses, Massachusetts Businesses and really all Businesses in any US State with a significant Technology, Biotech or Other Health Care presence, such as a timely, permanent very robust Research & Experimentation Tax Credit, was clearly also a contributing factor to this reduced average stock market price growth.
The US State with the highest average stock market price growth for the roughly 5 years from March 6, 2009 to mid May 2014 was Idaho at 940%.
The US State with at least 25 Companies included with the highest average stock market price growth for the roughly 5 years from March 6, 2009 to mid-May 2014 was Indiana at 815%.
The US State with at least 50 Companies included with the highest average stock market price growth for the roughly 5 years from March 6, 2009 to mid-May 2014 was Michigan at 740%.
The US State with at least 100 Companies included with the highest average stock market price growth for the roughly 5 years from March 6, 2009 to late mid-May 2014 was Ohio at 585%.
And the US State with at least 200 Companies included with the highest average stock market price growth for the roughly 5 years from March 6, 2009 to mid-May 2014 was New York at 438%.
To illustrate the breadth of this average stock market price increase in the most recent five years, all 50 US States and the District of Columbia had increases, with the lowest increase being a respectable 87%.
To illustrate the Obama Administration's even-handedness, the Top 2 US States with the highest average stock market price growth for the roughly 5 years from March 6, 2009 to mid-May 2014 were both extremely Red States.....Idaho and Indiana, with the latter State's formerly strong Democratic Party just devastated since 2010 by horribly ineffective leadership of the State and Local Democratic Organizations.
Nearly half of the country believes that the Obama Administration has been bad for US businesses. An average stock price increase of 430% in the past five years clearly says just the opposite.
It should also be pointed out that this 430% average stock market price growth occurred during the entire five-year period when the US Senate was in Democratic Control.
And the highest portion of this 430% average stock market price growth of the most recent 5 years occurred in the Obama Administration's first two years, when the US House was also under Democratic Control. For instance, the average annual growth of the S&P 500 index from March 6, 2009 to December 31, 2010, when the US House was under Democratic Control, was a huge 46% per year. On the other hand, the average annual growth of the S&P 500 index from December 31, 2010 to the most recent date May 20, 2014, when the US House was under Republican Control, was a substantially lower 14% per year.
Granted the Obama Administration Economic Stimulus could have been better targeted, but to assert that it wasn't very helpful for the US economy and for US businesses is flat out illogical, biased reasoning......after all, the S&P 500 index went from 683.33 on March 6, 2009 to 1,257.64 on December 31, 2010, up 84% in this less than 22 month period when the Obama Economic Stimulus was going full throttle.
But it wasn't just the stock market prices of US Companies which have done very well during the Obama Administration. The US unemployment rate has also gotten markedly better.
From the US Bureau of Labor Statistics, the US unemployment rate doubled from 5.0% in December 2007 to 10.0% in October 2009, early in President Obama's first term which was the very lowest point for the US Labor Market due to the lagging spillover effects resulting from the disastrous 2008 Financial Meltdown.
And then with the US economic stimulating actions of the Obama Administration, supported by both a Democratic controlled US Senate and US House (at the time), taking full effect, coupled with the Quantitative Easing by the US Fed, the US unemployment rate declined sharply from 10.0% in October 2009 to 6.3% in the most recently reported April 2014.
Below here is a US State breakdown of the average stock market price changes from December 31, 2007 to March 6, 2009 and from March 6, 2009 to mid-May 2014, sorted by US States with the highest growth for the most recent five plus years:
| # of | Average Stock Market Price Increase | Average Stock Market Price Decrease | |
| State | Companies | March 6, 2009 to mid-May 2014 | December 31, 2007 to March 6, 2009 |
| Idaho | 7 | 940% | -60% |
| Indiana | 45 | 815% | -58% |
| Michigan | 50 | 740% | -66% |
| Rhode Island | 9 | 678% | -60% |
| Delaware | 6 | 675% | -63% |
| Washington DC | 9 | 656% | -72% |
| Nevada | 20 | 608% | -62% |
| Oregon | 20 | 607% | -62% |
| Ohio | 105 | 585% | -59% |
| Alaska | 3 | 529% | -53% |
| South Carolina | 11 | 522% | -57% |
| Maryland | 46 | 504% | -48% |
| Tennessee | 45 | 489% | -52% |
| Minnesota | 62 | 464% | -51% |
| Georgia | 72 | 458% | -55% |
| New Hampshire | 7 | 457% | -61% |
| Arkansas | 15 | 449% | -38% |
| Vermont | 4 | 444% | -35% |
| Colorado | 62 | 444% | -62% |
| Oklahoma | 23 | 441% | -54% |
| New York | 237 | 438% | -59% |
| Nebraska | 13 | 437% | -43% |
| Illinois | 123 | 432% | -56% |
| Washington | 43 | 422% | -60% |
| Wisconsin | 37 | 417% | -59% |
| Iowa | 17 | 415% | -59% |
| Texas | 271 | 412% | -55% |
| Florida | 92 | 407% | -53% |
| California | 402 | 402% | -55% |
| Pennsylvania | 122 | 400% | -54% |
| Connecticut | 60 | 393% | -55% |
| North Carolina | 54 | 385% | -52% |
| Utah | 17 | 384% | -41% |
| Montana | 3 | 382% | -52% |
| New Jersey | 91 | 370% | -51% |
| Louisiana | 18 | 370% | -58% |
| Alabama | 14 | 353% | -53% |
| Virginia | 72 | 349% | -41% |
| Arizona | 29 | 349% | -44% |
| Massachusetts | 130 | 308% | -52% |
| Kentucky | 17 | 297% | -38% |
| South Dakota | 3 | 277% | -70% |
| Missouri | 42 | 265% | -48% |
| Mississippi | 8 | 236% | -43% |
| Maine | 5 | 231% | -43% |
| Kansas | 13 | 220% | -46% |
| New Mexico | 2 | 211% | -84% |
| West Virginia | 6 | 160% | -46% |
| Hawaii | 5 | 141% | -66% |
| Wyoming | 2 | 137% | -71% |
| North Dakota | 3 | 87% | -31% |
| Total all 51 | 2,572 | 430% | -55% |
To see the specific Companies in each US State, click on the US State post presented in alphabetical order on the right side of the computer screen.
More narrative to come.
