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Rivalry Impact Markets

Former President Barack Obama recently broke precedent when he came out with public political commentary. Of course, the argument can be made that the current situation is unprecedented, and most leaders are working in uncharted territory. And precedent can and has changed in the past.

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Prior presidents have established something of a tradition to stay away from partisan issues and largely keep out of current affairs.

Recent presidents had good personal reasons to lay low following the end of their term. Bush was quite unpopular when he left office. Before him, Clinton ended his term in a massive scandal that saw him impeached during his last year in office.

Going further back, Bush Sr lost reelection, and Regan wasn’t interested in criticizing his former VP.

The Trump Era

Obama hasn’t exactly stayed out of the spotlight following the end of his presidency, at least compared to his prede...

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