Biden’s Stock Market Is Crushing Trump’s

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President Trump liked to equate the stock market’s performance to how well a job he was doing. Unfortunately for him, the stock market's returns post Biden’s victory are significantly greater than Trump’s from four years ago.

On the Tuesday of the election between Trump and Biden the Index closed at 28,323. It also increased the next three days with Biden in the lead but it had not been called. However, the Monday after the election was called the Index gapped upwards and has continually risen.From Friday, November 6, close: Up 5,877 or 20.8%The S&P 500 had Biden’s largest outperformance vs. Trump

Trump saw a smaller gain in the S&P 500 vs. the Dow 30. It rose 8.9% from his election day and only 2.9% from his inauguration to mid-April 2017.StockCharts.com Between Biden’s election and last Friday the S&P 500 returns were very similar to the Dow’s. Biden’s market returns were again substantially above Trump’s.From Friday, November 6, close: Up 676 or 19.3%The NASDAQ was Trump’s best Index but still fell short of Biden’s

The post-election to mid-April timeframe saw the NASDAQ with the highest performing Index for Trump, coming in at 11.8%.StockCharts.com However, even though the NASDAQ was Biden’s worst performing Index, it still rose 6.4% more than Trump’s.From Friday, November 6, close: Up 2,157 or 18.1%Note the 6.4% outperformance is due to rounding the 6.36% delta of the two returns.

 

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coachshalash

Crazy post

He's printing money and giving it to people to invest. Give it another 12 months and the worst recession there is will be upon us. Wonder if the past presidents will get blamed for it?

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