This one is worth it's own post. COVID could be handled in a manner that was much more controlled for the economy (look at the rest of the world). Both had major economic events during their presidencies (housing market and Great Recession vs. COVID). Trump came into a market and economy that was strong and going up; Obama came into a market and economy that was going down.
But my 401(k) means dick all of shit. That argument is bullshit and can be thrown away like the garbage is was known to be.
But my 401(k) means dick all of shit. That argument is bullshit and can be thrown away like the garbage is was known to be.
...market performance from Inauguration Day through Election Day for the first terms of both Trump and Obama. Trump’s tenure was certainly a good stretch for investors: The S&P 500 index rose 45.7% over that time, for an annualized return of 10.5% a year.
But that still doesn’t come close to matching the gains seen under Barack Obama. During Obama’s first term, the S&P was up 77.4% for an annualized total return of 16.3%.
Trump's stock market performance is officially much worse than Obama's in his first term
Trump's tenure was certainly a good stretch for investors—but not nearly as good as his predecessor's first term.
fortune.com