Posts by John Bernstein
Are Democratic or Republican Presidents Better for Stock Market Performance?
As election news continues to swirl around us, there has never been a better time to recall the old expression that, “presidents get too much blame and too much credit.” This is most certainly true with respect to the economy and financial markets. To be sure, Presidents are certainly one of the factors that can have influence on the business cycle…
Read MoreMy Favorite Speakeasies in the Twin Cities
With just three short sentences and 107 words, the 18th Amendment to the Constitution established the prohibition of alcohol. Congress then passed a 25-page law to lay out the full details of enforcement. Officially known as the National Prohibition Enforcement Act…
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