The stock market does well for a president – Clinton – who, to be fair, was forced to do a decent, hands-off job on economic policy by a conservative congress, and to be even more fair was benefitting from the “Peace Dividend” Ronald Reagan gave him:  “The President is responsible for the strong market!”

The stock market starts correcting into a mild recession as overvalued tech stocks correct at the very end of his term in office:  “The President is not responsible for the market!”

The already-ailing market tumbles after 9/11:  “The President is responsible for the weak market!”

The stock market reacts to epic, welcome tax cuts by jumping to all-time record highs (taking employment and prosperity to equally-record levels):  “The President has nothing to do with the market!”

The real-estate bubble – which inflated largely due to socialistic policies that largely pre-date his administration, and which his administration fought (albeit in an inconsistent and dilatory fashion, albeit less so than the Congress) – deflates, eating up a quarter of the market:  “The President is responsible for the weak market!”

The stock market reacts to the election of a fabian socialist by shedding another 15% (from its high – 30% using election day as a baseline):  “The President has nothing to do with the market!”

The stock market reacts to the new administration’s inept, disastrous first six weeks by burning up another 8% of its pre-crash value (15% using election day as a baseline):  “The President really, Really, REALLY has nothing to do with the market!”

The market bounces back a few hundred points, amounting to less than 10% of its shrivelled value (around 5% of its Bush-era peak) in what most economists are calling a bear-market rally :  “Look at this wondrous market The President has, in His infinite wisdom, given to we who are not worthy!”