The first is from the first Friday after the election. Over that weekend it became clear that Biden had beaten Trump, even though Trump was tweeting there were multiple instances of extensive voter fraud . Starting from then to three weeks after the election the Index rose 1.5% under Trump. However, over the same timeframe the Index has risen 6.1% this year.
Note that Biden’s 6.1% rise also beats Trump’s 4.3% increase from the day after his election in 2016.With multiple states certifying their results the past few days and Trump losing over 30 cases , the Dow Jones Index has risen 2.7% the first two days this week. This compares to a decline of % for Trump four years ago.
One aspect of Biden’s Presidency that I expect to be different from Trump’s is that President-elect Biden won’t be tweeting about every record that the stock market hits. I provide independent research of technology companies and was previously one of two analysts that determined the technology holdings for Atlantic Trust , a firm with $15 billion under management. Before joining Atlantic Trust I was the Internet Security Software analyst for Smith Barney and an Enterprise Server Hardware analyst at Salomon Brothers. Prior to becoming an equity analyst, I spent 16 years at IBM in a variety of sales and manufacturing positions. I have a B.S.
realDonaldTrump tries to take credit for the market celebrating the final nail in the coffin of his Presidential race. Oh that Donald! COVIDBrain
Probably because investors are seeing uh, what's the right word? 'the old guard' move back in... & their getting dollar signs in their eyes, figure how they'll make money off it.
Biden voter and supporter here.. also a conservative, but.. Biden’s record starts on January 20th. Facts matter. Biden’s election has been welcome with gains as the market sees less chaos. Trump’s record with the stock market has been excellent (under 20k to over 30k)
Wow, this is complete disinformation.
It’s Trumps He’s doing the hard work
Don’t you mean Trump’s Stock market!!!!
Are people forgetting that Trump is still your president
Hahahaha! Bababababiden’s stock market! What a joke!
You guys are fools. Does anyone on this planet really believe the mentally challenged old man hasbm anything to do with anything at this point? Good Lord.......laughable 🤣
😂😂
This is still Trumps stock effect. Biden’s will see a year after his changes come thru
Who writes this crap!!!! The market feels safe because the rep hold the senate and stoping sloppy Joe’s tax reform.
That's a cute headline SandHillInsight. 😂😂😂
Get out of here with this junk.
Clown statement —just shows level of bias & stupidity of media
So? At what point can we blame the media for division? Like what is this? Who cares!!
Biden doesnt have a stock market. And wont if we the people have any say in it. StopTheSteaI
Biden has nothing to do with it
Biden's stock market? How is this Biden's stock market?
Bloomberg must have bought a lot of stock that he’ll soon sell.
Wait, Biden’s stock market He’s not even president yet! It’s pumping for 2 reasons, artificial inflation from the fed and news of the vaccine... I’m gonna snap shot this though, so when the market decides to correct and you blame Trump, I’m gonna remind u it’s “Biden’s market”
realDonaldTrump gop America's winning FINALLY LameDuckPresident
Trump is still President you dolts.
Have to buy now before he can raise taxes and it all comes crashing down.
Check back with us after Biden’s tax policies are implemented BidenTaxPlan BidenTaxIncrease
Still Trumps stock market! But still your Fake News
It’s not a Biden market... it’s President Trumps
The stock market is responding to the two or three vaccines that should make Covid-19 a 'fond' memory... and allow the Trump economy to recover. But stay tuned for the economic policies Biden’s handlers will cobble-together 😱😳😷
WHO CARES!!!!! Give us a stimulus to pay our bills now!
Inauguration is Jan 20. Still Trump’s stock market. Thanks for playing morons.
Yeah it’s still Trumps
I am beyond and excited and delighted at the Positivity of 'America is Back'. After 4 Years of Negativity and Destruction on so many levels...I feel Hope and Pride for the Future of America. But I intensely sense that it is about NOW as well as securing the future. Thank God!
Can Forbes lay out in detail for us just exactly what JoeBiden actually did to create that? Before even taking office nonetheless! What an accomplishment! I'm sure as experts, you can break it all down in an article? 😏
No, I believe the market is excited over a divided Congress, but good try.
Oh...WTF ever!!
Hell yeah it is! Woooooooo!
Nice headline haha. A bit of a stretch, but the market is definitely reacting well to a Biden presidency.
Wow. Forbes is going full PROPAGANDA. How can Biden have anything to do with this? He hasn't taken control of anything. In fact, he never will.
Where are all the shitty baseball hats coming from?
Et tu, Forbes?
It's where it ends that matters..
Are small children writing for Forbes now?
Absolute lie. A flat year under Obama spiked the day Trump was elected to record rates. A huge spike under Trump flattened once Biden was declared, despite approved vaccines holding the market up.
?
Sad to see how far Forbes has fallen. . . The name used to carry some respect.
This is so stupid the mkt is rising on what Trump has been doing not on the hopes of a Biden admin. If Reps retain the Senate that saves Joe from his ideas if they don't we will see tremendous stim, mkt will go up then after a yr or so if there isn't growth we are dead meat
realDonaldTrump FEEL THE BURN!
You’re a little dense. Trump is still President. January 20 buddy and I can’t wait to see what happens!
I can’t stand Trump. But this isn’t Biden’s market or economy. That won’t hit until late January, 2022
Biden doesn’t have a Stock Market Come on how stupid do you think we really are?
This is still Trumps 🙄🤦♀️... just wait.. if Biden actually gets away with his steal the stock market will crash.
Oh really? Is it because Biden has already done so much for this country in last 47 years? Or because of the policies realDonaldTrump put in place? He is still and may continue to be the president you know!
Or as AOC, Barnie and other socialists would say: 'The rich are getting richer in the middle of a pandemic. What a shameful start!' Right?
So the riots were trumps America but the stock market is Biden’s? Forbes is now fake news. Good to know.
It’s my stock market. I just decided it arbitrarily, much like they have here.
What an ignorant article. You'll see in mid year 2021 just how great Biden's stock market is going to be after he forces businesses to close and impose unrealistic regulations.
That is a silly take. InTheTank
Biden is not President...Remember Biden was in the administration whose first economic policy was CashForClunkers
Lol biden isn’t even president yet 😔
This is CCP’s GOAL!
Forbes needs to go back to school for some civics lessons 😂🤣😂 Donald Trump is your President!
What exactly has he done that the stock market is off to a faster start? I thought his presidency starts in January.
Ouch.
Did I miss something here? Are we still in 2020
I can't tell if that hat makes that guy look like more or less of an a******.
This is trumps stock market.
Lmao. President Trump is still President ... so WTF?
As it should
I’m stoked too that Biden was elected president in a landslide
I’m just here for all the angry dweebs. Lmfao
Fact check 1:20:21 is that start date
***Powell’s****
Trump entered the world of politics was wrong and his departure from the world of politics was a bigger mistake !!
LoL...he's not even president yet and you're giving him credit...your biased opinion is showing again. BiasedMedia EnemyOfThePeople LiberalHypocrisy
Who is the guy in the hat? Surely he can afford a barber...
You mean Powell’s stock market? Noob
What the name of this guy in the pic
You mean the vaccine's market? Let's get honest here. We're not doing the country any favors by slurping on Biden.
That is some wonderful shade.
Hey this is still realDonaldTrump’s reign. MAGA 🇺🇸
Wooo very true! Portfolio looking healthy 💰
Biden’s not president until next year.... it’s the holiday season that always outperforms the rest of the year.... but China appreciates Forbes.
I am sorry Biden’s stock market hasn’t started yet.
good luck
You’re kidding.... Forbes sucks
wrong. you didnt give Trump the credit for the rise after the election. You said it was Obama's doing
Biden's stock market, LOL! What a joke.
Anyone follow me. I am new
Did I miss Inauguration Day?
He’s not president yet
Stonks only go up! 📈💵🇺🇸
Up up and away