- 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 May 16, 2014
The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 60 Connecticut Companies had their average stock market prices decline by a massive 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 five years and three months since March 6, 2009 through June 16, 2014, the equally-company-weighted average stock market prices of these same 60 Connecticut Companies have increased by a spectacular 416%, led mainly by United Rentals having its stock market price increase by 32 times and another 8 Connecticut Companies experiencing stock market price increases of more than 8.8 times each.
These 60 Connecticut Companies had their average stock market prices increase sharply again in the most recent month. To illustrate this point, the average stock market prices of these same 60 Connecticut Companies had increased by a lower 393% in the five years and two months from March 6, 2009 through May 16, 2014, as compared with a much higher 416% increase in the five years and three months from March 6, 2009 through June 16, 2014.
To illustrate the overall operational excellence of these 60 Connecticut Companies, only 3 of them had their stock market prices decline in the five years and three months since March 6, 2009 through June 16, 2014.
Connecticut citizens should be extremely pleased with the outstanding performance of nearly all of their Connecticut Companies during the Obama Administration.
In similar fashion on the employment, 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 May 2014.
In like manner, Connecticut's unemployment rate increased sharply, going from 4.9% in December 2007 to 8.7% 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 Connecticut State unemployment rate declined markedly, going from 8.7% in October 2009 to 6.9% in the most recently reported April 2014.
Below here are the stock market prices of each of these 60 Connecticut Companies on June 16, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:
|XL Group plc||Stamford||CT||32.61||2.95||50.31||1005%||-94%|
|Hartford Financial Services Group||Hartford||CT||35.64||3.62||87.19||885%||-96%|
|Starwood Hotels & Resorts||Stamford||CT||79.16||9.52||44.03||732%||-78%|
|The Phoenix Companies||Hartford||CT||45.68||5.80||237.40||688%||-98%|
|Genesee & Wyoming||Darien||CT||101.49||17.61||24.17||476%||-27%|
|Achillion Pharmaceuticals||New Haven||CT||7.82||1.48||4.99||428%||-70%|
|Stanley Black & Decker||New Britain||CT||87.76||23.56||48.48||272%||-51%|
|Ethan Allen Interiors||Danbury||CT||24.56||7.10||28.50||246%||-75%|
|SI Financial Group||Willimantic||CT||11.54||3.54||9.84||226%||-64%|
|FactSet Research Systems||Norwalk||CT||113.01||36.88||55.70||206%||-34%|
|Star Gas Partners LP||Stamford||CT||6.21||2.51||3.97||147%||-37%|
|Compass Diversified Holdings||Westport||CT||17.46||7.35||14.90||138%||-51%|
|Urstadt Biddle Properties||Greenwich||CT||20.29||10.37||15.50||96%||-33%|
|United Financial Bancorp||Glastonbury||CT||13.62||6.97||12.20||95%||-43%|
|Magellan Health Services||Avon||CT||62.36||32.84||46.63||90%||-30%|
|Interactive Brokers Group||Greenwich||CT||23.15||13.37||32.32||73%||-59%|
|Information Services Group||Stamford||CT||5.01||3.06||6.85||64%||-55%|
|World Wrestling Entertainment||Stamford||CT||11.74||9.53||14.76||23%||-35%|
|People's United Financial||Bridgeport||CT||14.81||16.87||17.80||-12%||-5%|
|Revolution Lighting Technologies||Stamford||CT||2.27||6.60||4.90||-66%||35%|
|Average % Change all 60||416%||-55%|