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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHere's President Trump's stock-market scorecard after 2 years in office
Heres President Trumps stock-market scorecard after 2 years in office
https://www.marketwatch.com/story/heres-president-trumps-stock-market-scorecard-after-2-years-in-office-2019-01-22
Jan. 20 marked two full years since the real estate mogul and the reality TV star was sworn in as president. In that time, stocks have rallied to records, making him among the most successful Republican presidents when judged by market gains. In fact, the Nasdaq soared 29% since January 2017, marking the tech-centric indexs best rally under a Republican president, according to Dow Jones Market Data.
But a rough 2018 dented Trumps two-year performance, which for the S&P 500 left him with the 10th best percentage gain of 23 presidents, going back to Herbert Hoover, and the fifth best performance out of 11 Republican presidents, the data show.
Between Jan. 20, 2018 to Jan. 18 this year, the S&P 500 SPX, -1.86% fell 4.97% compared with average gains of 5.43% during a similar time frame while the Dow Jones Industrial Average DJIA, -1.69% shed 5.24% versus a rise of 5.48% and the Nasdaq COMP, -2.30% dropped 2.44%, sharply underperforming the average advance of 6.87%.
Dow
Second year in office (-5.24%):
5th worst percentage loss for a Republican president (out of 17)
9th worst percentage loss for any president (out of 31)
The worst second year in office (regardless of term) for a president since Bush from 2002 - 2003
First two years (+25.21%):
6th best percentage gain for a Republican president (out of 17)
11th best percentage gain for any president (out of 31)
The best first two years in office (regardless of term) for a Republican president since Reagan from 1985 - 1987
The best first two years in office (regardless of term) for a president since Obama from 2013 - 2015 <--- wtf??
But a rough 2018 dented Trumps two-year performance, which for the S&P 500 left him with the 10th best percentage gain of 23 presidents, going back to Herbert Hoover, and the fifth best performance out of 11 Republican presidents, the data show.
Between Jan. 20, 2018 to Jan. 18 this year, the S&P 500 SPX, -1.86% fell 4.97% compared with average gains of 5.43% during a similar time frame while the Dow Jones Industrial Average DJIA, -1.69% shed 5.24% versus a rise of 5.48% and the Nasdaq COMP, -2.30% dropped 2.44%, sharply underperforming the average advance of 6.87%.
Dow
Second year in office (-5.24%):
5th worst percentage loss for a Republican president (out of 17)
9th worst percentage loss for any president (out of 31)
The worst second year in office (regardless of term) for a president since Bush from 2002 - 2003
First two years (+25.21%):
6th best percentage gain for a Republican president (out of 17)
11th best percentage gain for any president (out of 31)
The best first two years in office (regardless of term) for a Republican president since Reagan from 1985 - 1987
The best first two years in office (regardless of term) for a president since Obama from 2013 - 2015 <--- wtf??
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Here's President Trump's stock-market scorecard after 2 years in office (Original Post)
Roland99
Jan 2019
OP
MichMan
(11,790 posts)1. You realize this graph puts both Reagan and Ike in a very good light n/t
Roland99
(53,342 posts)2. Markets rose in 80s. 50s were a boom period