Row 94759

Row ID: 94759 | Dataset Entry | Axioma AXP Content Repository

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Technically, the stock market was better during Trump (so far). If I remember my math correctly, this year would have to end at 26% for Biden to have the same 4 year average as Trump. It's quite possible, because we are so far right on track. Each president had a down year, as well.

The stock market did considerably well during Covid (2020-2021) up a total of 43%

Overall, the last 7 years (under both Trump and Biden) have been good (stock market-wise).

Edit: Decided to include the data (All S&P 500 Returns)

Trump Year 1 (2017) = 19.42% Trump Year 2 (2018) = -6.24% Trump Year 3 (2019) = 28.88% Trump Year 4 (2020) = 16.26%

Average for Trump =14.58%

Biden Year 1 (2021) = 26.89% Biden Year 2 (2022) = -19.44% Biden Year 3 (2023) = 24.23%

Biden Needs 27% for Year 4 to outperform Trump.

S&P 500 is up 11.85% so far this year.

FieldValue
text Technically, the stock market was better during Trump (so far). If I remember my math correctly, this year would have to end at 26% for Biden to have the same 4 year average as Trump. It's quite possible, because we are so far right on track. Each president had a down year, as well. The stock market did considerably well during Covid (2020-2021) up a total of 43% Overall, the last 7 years (under both Trump and Biden) have been good (stock market-wise). Edit: Decided to include the data (…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-25
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Raw Record

{
  "text": "Technically, the stock market was better during Trump (so far).  If I remember my math correctly, this year would have to end at 26% for Biden to have the same 4 year average as Trump.  It's quite possible, because we are so far right on track.  Each president had a down year, as well.\n\nThe stock market did considerably well during Covid (2020-2021) up a total of 43% \n\nOverall, the last 7 years (under both Trump and Biden) have been good (stock market-wise).\n\nEdit:  Decided to include the data (All S&P 500 Returns)\n\nTrump Year 1 (2017) = 19.42%  \nTrump Year 2 (2018) = -6.24%  \nTrump Year 3 (2019) = 28.88%  \nTrump Year 4 (2020) = 16.26%\n\nAverage for Trump =14.58%\n\nBiden Year 1 (2021) = 26.89%  \nBiden Year 2 (2022) = -19.44%  \nBiden Year 3 (2023) = 24.23%\n\nBiden Needs 27% for Year 4 to outperform Trump.\n\nS&P 500 is up 11.85% so far this year.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-25",
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