The Soapbox

Shenhoo

Joined: 01/04/2001 Posts: 35244
Likes: 51434


Impressive for a Republican according to Market Insider.


President Donald Trump's one-term presidency is officially over, with President Joe Biden becoming the 46th President of the United States on Wednesday.

With Trump's presidency officially in the books, so is the stock market's performance during his four-year term.

Here's how the stock market performed under Trump, and how it compared to previous administrations.

The Dow Jones Industrial Average returned 56% during the Trump presidency, according to LPL. This represents an annualized gain of 11.8%, which is the best performance for any Republican president since Calvin Coolidge during the roaring 1920's.

"This was still below the annualized returns of Presidents Bill Clinton and Barack Obama," LPL's Chief Market Strategist Ryan Detrick said in a note on Wednesday.

The annualized return of the Dow was 12.1% and 15.9% for Obama and Clinton, respectively.

(In response to this post by TomKazanski)

Posted: 12/13/2023 at 4:53PM



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Current Thread:
  Thanks Joey! -- Hoodafan 12/13/2023 4:56PM
  Your humor/sarcasm detector is defective. -- SixerHoo 12/13/2023 5:00PM
  You're the one running here to post about it. -- Hoodafan 12/13/2023 5:05PM
  Yet the impact a leader could have on Jan 6 … -- HoodatB 12/13/2023 5:54PM
  Now apply that to J6 -- hooshouse 12/13/2023 5:07PM
  No dumbass. He set the conditions for the attack. -- hooshouse 12/13/2023 5:15PM
  His impact should make him unfit and unelectable -- hooshouse 12/13/2023 6:12PM
  Then what was the impact? -- HoodatB 12/13/2023 5:55PM
  WHOOOOOOOSSSSSHHHHH!!! -- SixerHoo 12/13/2023 5:18PM
  Gas is really low right now dumb@$$ ** -- HoodatB 12/13/2023 7:17PM
  $2.50 gallon in Dallas ** -- HokieDelNorte 12/13/2023 6:02PM
  Trump grew it by more than biden -- TomKazanski 12/13/2023 4:45PM
  And it's not even close for Joey. ** -- Hoodafan 12/13/2023 4:59PM
  Good grief. You two deserve each other. ** -- SixerHoo 12/13/2023 5:15PM
  Like peas and carrots ** -- Hoo TV 12/13/2023 8:54PM
  Presidents don’t “grow the Dow”, idiot. ** -- WahooRQ 12/13/2023 4:54PM
  Some do... -- Casual Fan 12/13/2023 5:17PM

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