US Big 6 Financial Total Earnings Growth Sharp Deceleration Over the Prior Year's Quarter Continues in the Most Recent 3Q 2017 ....................................................................................... 3Q 2017 Total Earnings Were Up Only 2% in Trump's Second Full Quarter in Office, As Compared To Being Up 7% in the 2Q 2017, Trump's First Full Quarter in Office, Up 24% in the 1Q 2017, and Up 25% in the 4Q 2016, Obama's Last Full Quarter in Office

From a review of their company financial statements in the US SEC website, below here are the Total Reported US GAAP Earnings (Losses) From Continuing Operations for the Third Calendar Quarters of both 2017 and 2016 for each of the US Big 6 Financial Companies.

						Calendar	Calendar
						3Q 17	3Q 16
					Calendar	US GAAP	US GAAP	Net	Net
			Most		3Q 17	Net	Net	Income	Income
	City	State	Recent		Month	Income	Income	Better	Better
US Big 6 Financial	HQs	HQs	FYE		End	(Loss)	(Loss)	(Worse)	(Worse)
						$ mils	$ mils	$ mils	%
JPMorgan Chase	New York	NY	Dec16		Sept	6,732	6,286	446	7%
Wells Fargo	San Francisco	CA	Dec16		Sept	4,654	5,654	(1,000)	-18%
Banc of America	Charlotte	NC	Dec16		Sept	5,587	4,955	632	13%
Citigroup	New York	NY	Dec16		Sept	4,137	3,887	250	6%
Goldman Sachs	New York	NY	Dec16		Sept	2,128	2,094	34	2%
Morgan Stanley	New York	NY	Dec16		Sept	1,785	1,632	153	9%
Total all 6						25,023	24,508	515	2%

The Virginia Financial Miracle Under Obama ..................................................................................... Virginia 56 Largest Companies Earnings Were On Fire With 2016 Total Audited Earnings of $42.942 Bil, Up 33% Over Their 2015 Total Audited Earnings of $32.351 Bil Under Obama and McAuliffe ..................................................................................... 2016 Total Earnings of $42.942 Bil Were an Earnings Improvement of $90.394 Bil From Their Total Losses of $47.452 Bil in 2008, the Year Before Obama Took Office ..................................................................................... Three Year 2014 to 2016 Total Audited Earnings Were $107 Bil, an Earnings Improvement of $159 Bil Under Obama From Their Total Losses of $52 Bil For the Three Years 2008 to 2010 ..................................................................................... Excluding Freddie Mac, Virginia 55 Largest Companies Earnings Were Also On Fire With 2016 Total Audited Earnings of $35.127 Bil, Up 35% Over Their 2015 Total Audited Earnings of $25.975 Bil Under Obama and McAuliffe ..................................................................................... Excluding Freddie Mac, Virginia 55 Largest Companies 2016 Total Audited Earnings of $35.127 Bil, Up Twelve Times Under Obama, From Their 2008 Total Audited Earnings of $2.664 Bil

Since former US President Barack Obama is campaigning today in Richmond, Virginia for Ralph Northam, who is running for Virginia's State Governor, I think it would be helpful to research just how well Virginia's many large companies have performed financially during the eight years (2009 through to 2016) of the Obama Administration.

From a review of the Google Finance Website and of company financial statements in the US SEC Website, I found the 56 Companies headquartered in the US State of Virginia with Stock Market Capitalizations either very late in 2016 or very early in 2017 of more than $1 Bil and which also have filed their fiscal year 2016 annual financial statements with the SEC.  Traditional Highly Regulated Utilities Companies were excluded.

Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations of each of these 56 Virginia Companies for all of the fiscal years from 2008, the year before Obama took office, through 2016, the last year of the Obama Administration, where the earnings numbers were reported and also where they were prepared in a fairly consistent manner with those in the most recent years:

				2016	2015	2014	2013	2012	2011	2010	2009	2008
			Most	Audited	Audited	Audited	Audited	Audited	Audited	Audited	Audited	Audited
			Recent	Net	Net	Net	Net	Net	Net	Net	Net	Net
Virginia Companies	City	State	2016	Income	Income	Income	Income	Income	Income	Income	Income	Income
Market Caps Above $1 Bil	HQs	HQs	FYE	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)
				$ mils	$ mils	$ mils	$ mils	$ mils	$ mils	$ mils	$ mils	$ mils
Freddie Mac	McLean	VA	Dec16	7,815	6,376	7,690	48,668	10,982	(5,266)	(14,026)	(21,554)	(50,116)
All But Freddie Mac
Altria Group	Richmond	VA	Dec16	14,244	5,243	5,070	4,535	4,183	3,393	3,907	3,208	3,090
Capital One Financial	McLean	VA	Dec16	3,770	4,012	4,423	4,354	3,709	3,253	3,050	987	85
General Dynamics	Falls Church	VA	Dec16	3,062	2,965	2,673	2,486	(381)	2,552	2,628	2,407	2,478
Northrop Grumman	Falls Church	VA	Dec16	2,200	1,990	2,069	1,952	1,978	2,086	1,904	1,573	(1,379)
Norfolk Southern	Norfolk	VA	Dec16	1,668	1,556	2,000	1,910	1,749	1,916	1,496	1,034	1,716
Avalon Bay Communities	Arlington	VA	Dec16	1,034	742	659	58	250	152	92	77	99
Dollar Tree	Chesapeake	VA	Jan17	896	282	599	597	619	488	397	321	230
CarMax	Richmond	VA	Feb17	627	623	597	493	434	414	377	282	59
Huntington Ingalls Industries	Newport News	VA	Dec16	573	404	338	261	146	(100)	131	124	(2,420)
Tegna Inc	McLean	VA	Dec16	495	421	756	99	126	75
Advance Auto Parts	Roanoke	VA	Dec16	460	473	494	392	388	395	346	270	238
Markel Corp	Glen Allen	VA	Dec16	460	589	324	284	258	148	268	202	(58)
Verisign	Reston	VA	Dec16	441	375	355	544	312	139	70	92	32
Willis Towers Watson plc	Arlington	VA	Dec16	438	384	373	377	(433)	219	470	457	323
NVR Inc	Reston	VA	Dec16	425	383	282	266	181	129	206	192	101
Hilton Worldwide Holdings	McLean	VA	Dec16	364	1,416	682	460	352	253	128	(532)	(5,663)
AES Corp	Arlington	VA	Dec16	361	787	1,091	700	(518)	1,575	1,481	1,809	1,929
CSRA Inc	Falls Church	VA	Mar17	316	103	268	254	269	25	249
Orbital ATK Inc	Dulles	VA	Dec16	293	70	(64)	165	194	218
Booz Allen Hamilton Holding	McLean	VA	Mar17	252	294	233	232	219	240	85	25	(436)
Leidos Holdings	Reston	VA	Dec16	246	243	(330)	84	323	(239)	311	220	418
NewMarket Corp	Richmond	VA	Dec16	243	239	233	242	237	205	176	162	73
Dominion Midstream Partners LP	Richmond	VA	Dec16	230	197	107	109	97
BWX Technologies Inc	Lynchburg	VA	Dec16	184	141	30	185
MAXIMUS Inc	Reston	VA	Sep16	180	160	145	117	76	82	69	(11)	30
Graham Holdings	Arlington	VA	Dec16	169	(141)	765	65	(49)	37
Neustar Inc	Sterling	VA	Dec16	169	175	164	163	156	124	124	116	134
Science Applications Intl	McLean	VA	Jan17	148	117	141	113	182	182	208	194	176
Apple Hospitality REIT	Richmond	VA	Dec16	145	117	7	82	69	50	(3)	3	2
CACI International	Arlington	VA	Jun16	143	126	136	153	168	145	107	90	78
Universal Corp	Richmond	VA	Mar17	113	118	120	155	141	101	165	170	133
Iridium Communications Inc	McLean	VA	Dec16	111	7	75	63	65	41	20	(44)	2
Owens & Minor	Mechansville	VA	Dec16	109	103	67	111	109	115	111	117	101
MicroStrategy Inc	Tysons Corner	VA	Dec16	91	106	5	27	22	22	46	61	42
Pra Group	Norfolk	VA	Dec16	91	168	177	177	126	101	74	44	45
Beacon Roofing Supply	Herndon	VA	Sep16	90	62	54	73	76	59	35	52	40
Union Bankshares Corp	Richmond	VA	Dec16	77	67	52	34	35	30	23	8	15
James River Group Hldgs Ltd	Richmond	VA	Dec16	74	53	45	67	9	38
American Woodward Corp	Winchester	VA	Apr17	71	59	35	20	10	(21)	(20)	(22)	(3)
Performance Food Group	Richmond	VA	Jun16	68	57	16	8	21	14	1
Trex Company Inc	Winchester	VA	Dec16	68	48	42	35	3	(12)	(10)	(17)	5
TowneBank	Portsmouth	VA	Dec16	67	62	42	42	38	33	30	27	24
Mantech Intl	Fairfax	VA	Dec16	56	51	47	(6)	95	133	125	112	90
Gannett Co Inc	McLean	VA	Dec16	53	146	211	274	277	334	431
Cardinal Financial Corp	McLean	VA	Dec16	50	47	33	26	45	28	18	10	0
Brink's Company	Richmond	VA	Dec16	47	(25)	(86)	90	123	121	97	227	172
ICF Intl Inc	Fairfax	VA	Dec16	47	39	40	39	38	35	27	22	29
Alarm.com Holdings	Tysons	VA	Dec16	10	12	14	5	9	10	4
GTT Communications Inc	McLean	VA	Dec16	5	19	(23)	(21)	(2)	0	1	0	(42)
Shenandoah Telecommunications	Edinburg	VA	Dec16	(1)	41	34	30	17	14	19	25	26
Engility Holdings Inc	Chantilly	VA	Dec16	(6)	(230)	40	55	(345)	26	(8)	157	166
CEB Inc	Arlington	VA	Dec16	(35)	93	51	32	37	57	52	50	67
Genworth Financial	Richmond	VA	Dec16	(38)	(6)	(1,205)	680	514	35	136	(485)	(655)
Computer Sciences Corp	Tysons	VA	Mar17	(100)	72	(207)	520	(1)	(769)	(2,942)	409	1,072
Evolent Health	Arlington	VA	Dec16	(227)	320	(25)	20
Total all 55 Excluding Freddie Mac				35,127	25,975	24,274	24,288	16,756	18,701	16,712	14,225	2,664
All 55 Cos Excluding Freddie Mac
…2016 Total Earnings % Above
…….. 2015 Total Earnings				35%
…….. 2008 Total Earnings				1218%
Total all 56 Including Freddie Mac				42,942	32,351	31,964	72,956	27,738	13,435	2,686	(7,329)	(47,452)
All 56 Companies
….2016 Total Earnings % Above 2015				33%
….Earnings Improvement 2016 Over 2008				90,394
…....Three Year Earnings (Losses):
……...... 2014 to 2016				107,257
……...... 2008 to 2010				(52,094)
…...….…. Three Year Earnings Improvement				159,351