LOL. Typical Democrat, when in doubt spin!! Let’s give credit to Biden for the last 10 months of Trumps Presidency (maybe everyone will forget).
| Index Annualized Performance | Donald Trump | Barack Obama | Difference |
|---|---|---|---|
| NASDAQ | 24.13% | 17.44% | Trump +6.69% |
| DOW | 11.75% | 11.46% | Trump +0.29% |
| S&P | 13.71% | 13.01% | Trump +0.70% |
There is nothing political with what I said. It is the numbers. The number I quoted was the peak of the S&P prior to COVID. If pension funds are freaked out about 6 months of market dynamics they have bigger problems.LOL. Typical Democrat, when in doubt spin!! Let’s give credit to Biden for the last 10 months of Trumps Presidency (maybe everyone will forget).
🤡 assessing the 🤡 President’s over sight of the economy.
Biden’s on a roll, up roughly 10% in 18 months🙌. Trump did that his first year.
How about you subtract out the cost of inflation from Biden’s 10% gain….oh, then that’s still negative…😢
if only Biden could go back to Dec 31, 2021. Oops, the free candy rush wore off and inflation stops market gains and erodes buying power…but let’s keep printing money with the Inflation Reduction Act (that doesn’t really reduce inflation!)
Index
Annualized PerformanceDonald Trump Barack Obama Difference NASDAQ 24.13% 17.44% Trump +6.69% DOW 11.75% 11.46% Trump +0.29% S&P 13.71% 13.01% Trump +0.70%
Donald Trump vs Barack Obama Stock Market, GDP, and Jobs Created
Compare Donald Trump and Barack Obama to see how they stack up on stock market performance, jobs and GDP growthwww.factsarefirst.com
RE your post
No. I was more puzzled how a large media source created a freak out piece on a six month time window on a market that has been killing it for 10 years. Side note, I didn’t blame Trump for the economy shutting down as well as give him credit when he touted the largest one day stock market increase after it fell off.
U.S. public pensions suffer worst year since the financial crisis
An ugly start to the year for stocks and bonds has put a dent in the retirement plans of millions of state and local employees.finance.yahoo.com
Don’t under estimate Joes ability to F things up…
Trump was right
Oh my stars and garters, is it too late for me to sell, sell, sell my 403b and take a chance at the casino? It appears the cat is already out of the bag. I do miss the glory days of the financial markets moving upward in a straight line.U.S. public pensions suffer worst year since the financial crisis
An ugly start to the year for stocks and bonds has put a dent in the retirement plans of millions of state and local employees.
Don’t under estimate Joes ability to F things up…
Trump was right
If Trump “didn’t do shit” then maybe that’s what Biden should’ve done instead pouring more fuel on the fire with the $1.9T Rescue Plan. 😉
S & P up 12% since June 30 which was the year end for the pension plans noted. The stock market is up over 12% since Biden took office Not incredibly great for 18 months but not bad. Kind of changes the narrative. but have at it.U.S. public pensions suffer worst year since the financial crisis
An ugly start to the year for stocks and bonds has put a dent in the retirement plans of millions of state and local employees.
Don’t under estimate Joes ability to F things up…
Trump was right
Did you read the article you linked? It literally said Obama beat Trump by every measure (GDP, Jobs, Cumulative stock market performance) with the exception of the one you copied and pasted and even then the difference between the S&P and Dow are negligible.LOL. Typical Democrat, when in doubt spin!! Let’s give credit to Biden for the last 10 months of Trumps Presidency (maybe everyone will forget).
🤡 assessing the 🤡 President’s over sight of the economy.
Biden’s on a roll, up roughly 10% in 18 months🙌. Trump did that his first year.
How about you subtract out the cost of inflation from Biden’s 10% gain….oh, then that’s still negative…😢
if only Biden could go back to Dec 31, 2021. Oops, the free candy rush wore off and inflation stops market gains and erodes buying power…but let’s keep printing money with the Inflation Reduction Act (that doesn’t really reduce inflation!)
Index
Annualized PerformanceDonald Trump Barack Obama Difference NASDAQ 24.13% 17.44% Trump +6.69% DOW 11.75% 11.46% Trump +0.29% S&P 13.71% 13.01% Trump +0.70%
Donald Trump vs Barack Obama Stock Market, GDP, and Jobs Created
Compare Donald Trump and Barack Obama to see how they stack up on stock market performance, jobs and GDP growth
12% market return WOULD BE GOOD if inflation was 1-2%. But when inflation is 12% over the last 18 months since Biden took office, there’s ZERO wealth built for the last 18 months.
I copied an paste “annualized returns” versus total returns (Obama 8 yrs, Trump 4 yrs).
Changing the bar a little bit. The original quote was your 401(k) would go to hell and something about the greatest depression you've ever seen.
I don't put much stock in articles like that because there are so many variables outside of the control of the President. Obama took over when we were bleeding jobs in 2009, Trump was president during the beginning of the pandemic, both significantly impacted their jobs numbers.
A net wealth increase of 0% for 18 months is “awesome”…yippee!
You posted
