Originally Posted by
iahflyr
You’re living in a fantasy world. 3 weeks after the election, the S&P 500 is at 5969. On Election Day, it closed at 5782. That’s barely up 3%. A little short term pop for sure, but I don’t expect a 1% a week increase to continue going forward. Certainly not massive amounts of newly minted millionaires.
Also looking at the last 4 presidential terms (using Election Day to Election Day):
From Election 2020 to 2024, the S&P was up 77%.
From Election 2016 to 2020, the S&P was up 57%
From Election 2012 to 2016, the S&P was up 48%.
From Election 2008 to 2012, the S&P was up 55%.
Oh, and both Election 2000-2004 and Election 2004-2008 were both negative!
Draw your own conclusions, but Biden, Trump, and Obama all oversaw roughly equal periods of stock market growth.
Looks to me one President, the one nobody seems to like, was 20% above all the rest.
The President that the the Supreme Court decided was President, was 50% below the rest. Maybe it was the wars after Tora Bora that lacked much rationale, or the bubba-sphere of letting folks like "Kenny Boy" and Jeff Skilling run wild.