BUSINESS
10/15/2012 02:00 pm ET | Updated Oct 15, 2012

Stock Market Has Performed Much Better Under Democrats Than Republicans Since 1929: Studies

How soon they forget.

Wall Street may seem more often aligned with the Republian party but according to several studies, it's the Democratic party that's been the best for investors. Since 1929, the stock market has seen real gains of 300 percent while its net gain has been 0 percent during the same period under Republican administrations, The Economist reports.

The findings echo other, similar studies. For example, the S&P 500 has seen annual gains of about 12 percent since 1901 during Democratic administrations , compared to less than half that when a Republican was in the oval office, according to McGraw-Hill's S&P Capital IQ, Fox Business reports.

As for Wall Street, it seems most employees may not know what's historically been good for them. Financial industry workers are making more campaign donations to Mitt Romney than to President Obama. Despite taking the cake in Wall Street donations, however, the investment patterns of many finance firms indicate that the Street may in fact be anticipating another four years under Obama, The Huffington Post reports.

See below for The Economist's explanation of how Wall Street has fared better under Democrats:

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