How Did The Stock Market Do In The Past Years?
While Biden’s term is not yet over, the stock market during his 3.5 years has trailed his past two predecessors, Donald Trump and Barack Obama.
During the Trump years, from January 20, 2017, to January 20, 2021, the S&P 500 had a total return of 68%.
The first Obama term, from 2009 to 2013, the S&P 500 returned about 85% across the four years, while the second term was slightly lower with a total return of 53%. Combined, the Obama years saw a roughly 182% total return for the S&P 500.
The George W. Bush years were the worst for the markets, as the large cap benchmark was down 12% in his first term and off 31% in his second term. When combined, the S&P 500 was down 40% in his eight years. Those years were marred by two major events — the dotcom bust and three-year bear market that ran from 2000 to 2002, and the Global Financial Crisis from 2007 to 2009.
Gee, I didn't hear those MAGAs bitching about their stock accounts during Biden's years.
Is this really a naughty post?
Yes