sleepy head
UKC Forum Member
Registered: May 2015
Location: IN
Posts: 2760 |
Re: Presidents and Dow Jones Averages
quote: Originally posted by honalieh
The Presidents get too much credit and/or too much blame for stock market performance. We operate in a WORLD ECONOMY!!! U.S. Stock Market Performance, Gas Prices, Food Prices, etc. don't really care who the U.S. President is.
But, if you want to follow the President narrative, here it is (DJIA at 12/31):
1980---963.99
1988---2,168.57
1992---3,301.11
2000---10,787.99
2008---8,776.39
2016---19,762.60
2020---30,606.48
2021---36,338.30
If we look at the gain over their term divided by their term years we have:
(1) Reagan---15.62%
(2) George HW Bush---13.05%
(3) Clinton---28.35%
(4) George W Bush---(2.03%)
(5) O'Bama---15.65%
(6) Trump---13.72%
(7) Biden---18.73% (Incomplete, hasn't served full term).
By this measure of ranking of Presidents, it's:
(1) Clinton (28.35%) by a longshot.
(2) Biden (18.73%) ---doesn't really qualify to be rated yet.
(3) O'Bama (15.65%)
(4) Reagan (15.62%) ---close enough behind O'Bama that it's fair to call it a tie.
(5) Trump (13.72%)
(6) George HW Bush (13.05%)
(7) George W Bush (-2.03) ---a victim of circumstances (9/11/2001 and World Collapse 2008).
Just so I better understand, an increase of 10,000 over 8 years is better than an increase of 10,000 over 4 years?
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