- On December 31, 2007 during President Bush's second term
- On March 6, 2009, very early in President Obama's first term, which was the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and
- also on the most recent date May 14, 2014.
These 17 Kentucky Companies had their average stock market prices decline by a huge 38% 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 average stock market prices of these same 17 Kentucky Companies have increased by a very robust 297% through May 14, 2014, led mainly by Ashland's stock market price increasing by 16 times and Tempur Sealy's stock market price by 11 times, both in the most recent roughly 5 years.
All 17 Kentucky Companies experienced stock market price increases in the most recent 5 roughly years.
In similar fashion, 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.
In like manner, Kentucky's unemployment rate nearly doubled, going from 5.6% in December 2007 to 10.6% in October 2009. 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), going full throttle, coupled with the Quantitative Easing by the US Fed, the Kentucky State unemployment rate declined markedly, going from 10.6% in October 2009 to 7.7% in the most recently reported April 2014, the 5th highest unemployment rate of any US State presently.
Below here are the stock market prices of each of these 17 Kentucky Companies on May 14, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
Kentucky Company | HQs | 5-14-14 | 3-6-09 | 12-31-07 | 5-14-14 | 3-6-09 | |
$s | $s | $s | |||||
Ashland | Covington | KY | 103.66 | 6.08 | 47.43 | 1605% | -87% |
Tempur Sealy | Lexington | KY | 54.49 | 4.46 | 25.97 | 1122% | -83% |
Humana | Louisville | KY | 119.99 | 19.54 | 75.31 | 514% | -74% |
Papa Johns Intl | Louisville | KY | 41.02 | 10.98 | 11.35 | 274% | -3% |
Churchill Downs | Louisville | KY | 86.01 | 23.63 | 53.97 | 264% | -56% |
Brown-Forman | Louisville | KY | 91.25 | 26.90 | 29.94 | 239% | -10% |
Texas Roadhouse | Louisville | KY | 24.35 | 7.67 | 11.06 | 217% | -31% |
Yum! Brands | Louisville | KY | 75.86 | 24.50 | 38.27 | 210% | -36% |
Lexmark | Lexington | KY | 43.53 | 15.65 | 34.86 | 178% | -55% |
PharMerica Corp | Louisville | KY | 27.56 | 14.83 | 13.88 | 86% | 7% |
General Cable | Highland Heights | KY | 23.94 | 13.65 | 73.28 | 75% | -81% |
Republic Bancorp | Louisville | KY | 23.60 | 14.89 | 16.53 | 58% | -10% |
Farmers Capital Bank | Frankfort | KY | 19.00 | 12.76 | 27.00 | 49% | -53% |
Kindred Healthcare | Louisville | KY | 21.92 | 15.01 | 22.56 | 46% | -33% |
Almost Family | Louisville | KY | 22.27 | 15.84 | 19.43 | 41% | -18% |
SY Bancorp | Louisville | KY | 27.82 | 20.12 | 23.94 | 38% | -16% |
Community Trust Bancorp | Pikeville | KY | 33.01 | 23.97 | 27.53 | 38% | -13% |
Average % Change all 17 | 297% | -38% |