"The US stock market gave President Obama a less than enthusiastic welcome on his inauguration day, with the DJIA declining 4% to close under 8000. What does this bode for the future? Is there any meaningful correlation between inauguration day stock market performance and the stock market over a President’s term? We reviewed the DJIA for each Presidents' first day going back to 1929 to see what today’s stock market reaction might foretell. "

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