"If Obama has been responsible for the recovery of the stock market, he is responsible for the down turn!!!"
BTW,can you identify the dates of a recent period in American history when the U.S. equity markets tanked 58% in only fifteen months. That means American citizens lost more than one-half of their wealth virtually overnight.What down turn? Please provide exact dates of any 10% or 15% decline in the U.S. equity markets. Thank you.
On the other hand, Willard is infinitely better off than he was four years ago. His equity portfolio must have more than doubled (by 121%) while his bond portfolio soared as well.