No. of Recommendations: 17
From Fox Business (Et tu, Brute?):
"Under Donald Trump the S&P 500 Index declined -7.9% from Inauguration Day to April 25, the end of the last full week before the 100-day mark.
That decline is the second-largest decline in the first 100 days of a presidential term, trailing only the stock slide seen at the beginning of Nixon's second term in 1972,
when the S&P 500 was down -9.9%."
"The presidential administration under which the S&P 500 performed the best was 1944, when Franklin D. Roosevelt, who died on April 12 of that year.
The S&P 500 was up 10.4% in that 100-day period. Other notable gains in the first 100 days of a presidential term occurred under John F. Kennedy (+8.9%),
Joe Biden (+8.5%) and Barack Obama (+8.4%)."
https://www.foxbusiness.com/politics/donald-trumps...Did you thank Joe Biden for making you $$$? LOL
Why does the Stock Market and the Economy do so well under Democrats and so poorly under Republicans? Anyone? Anyone? Bueller?
The S&P 500 has averaged an annual gain of 11.2% under Democratic presidents since 1945, compared to 6.9% under Republicans.
A $10,000 investment in the S&P 500 in 1948 would have grown to approximately $1.2 million by 2023 if invested only during Democratic presidencies,
compared to around $312,000 if invested only during Republican administrations.
