S&P 500 Has Performed Far Worse Under Trump Than Under Obama

Discussion in 'Stock Market' started by Synthaholic, Jun 5, 2019.

  1. Synthaholic
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    Synthaholic Diamond Member

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    Where have we seen this before? Trump inherits a solid financial situation and squanders it.

    S&P 500 Has Performed Far Worse Under Trump Than Under Obama

    So much for having the “best” stock market returns.

    During his first two years in office, Donald Trump regularly pointed to the stock market as proof of his leadership’s effectiveness. Experts may have shaken their heads, saying that stock values aren’t an accurate measure of the country’s economic performance. But they are popular with voters, who check their 401(k) investments, and, thus, with politicians. Particularly since “presidents can have a major impact on the financial markets in the short run,” said David Kass, professor of finance at the University of Maryland.
     
  2. martybegan
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    martybegan Diamond Member

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    Comparing apples and oranges. Obama's numbers reflect increases after a severe drop due to the MBS fiasco in 2008.

    Trump's numbers are in a midpoint phase of an economic cycle.
     
  3. Synthaholic
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    Synthaholic Diamond Member

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    When it comes to talking himself up, Trump in particular has compared himself to Barack Obama. So, how do the two presidents measure up in terms of growth in major indexes, measured between their inauguration and May 31 of their third year in office?

    The short answer is that Trump has quite a way to go. Under Obama, the S&P 500 grew by 56.4%. The Dow Jones Industrials Average was up 50.6% and the Nasdaq, 92.9%.

    The numbers under Trump were 21.4% for the S&P 500, 25.2% for the Dow, and 34.2% for Nasdaq.

    [​IMG]

    “The first three years of the Obama years is confidence returning to the market and investors emerging out of the bunker mentality of the financial crisis,” Mitchell said.
     
  4. Synthaholic
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    Synthaholic Diamond Member

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    Yes, ‘Fortune’ magazine must be confused about the financial world.

    Sit down, rube.
     
  5. martybegan
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    martybegan Diamond Member

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    No, they are presenting the information in a slanted way. Please tell me what part of my statement was wrong.

    Why aren't they showing graphs with overall value?

    It's spin, nothing else but.
     
  6. Synthaholic
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    Synthaholic Diamond Member

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    Yes, because Fortune magazine is just full of Wall Street Liberals.

    Sit down, rube.
     
  7. iamwhatiseem
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    iamwhatiseem Gold Member

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    Heloo??????
    Trump doesn't have nearlly $4 Trillion to pump the system up like Obama did.
    Good God people are this dumb?
    Ever hear of TARP?
     
  8. martybegan
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    martybegan Diamond Member

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    The author in particular, judging by his past articles is no Trump fan.

    But of course your narrative got smashed by me, so you can't answer any of my questions directly.
     
  9. Synthaholic
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    TARP didn’t go to S&P companies, dumbass. It went to the banks.
     
  10. MarathonMike
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    MarathonMike Platinum Member

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    Obama had as much to do with the rebound of the stock market as he did getting bin Laden. In both instances he was the beneficiary of efforts of others. Bush, Cheney and Seal Team 6 led to bin Laden's capture and Ben Bernanke's Fed policies made it ridiculously easy for corporations and banks to show great earnings to investors.
     

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