Obama does get much of the credit for the raise of the markets. The economy has been so anemic under his watch that the Fed has had to leave interest rate at near zero levels for the last several year in an effort to stimulate economic growth.

Investors in search of higher returns than those offered through fixed-income securities have had no other option than to accept greater risk in the equity markets in search of those higher returns. And, as money continued to flow into the markets, the indicies continued to rise.

So, I guess we need to thank Obama for seven years of a sluggish economy and the ensuing raise in the markets perpetuated by the Fed's historically low Fed fund rates.