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MoBuffs

Joined: 10/1/14 Posts: 682
Likes: 436


The stock market actually performed better under Obama than Trump.....


I just did a quick back-of-the-envelope calculation on how the S&P 500 performed during the Obama and Trump presidencies from inauguration day (January 20th) and February 8th of the following years. The S&P 500, as I'm sure you know, consists of 550 blue-chip companies and thus considered a much better read on what corporate America is doing than the Dow Jones (which includes just 30 companies). But anyway the S&P 500 is up 18.05% for the first 383 days (1/20/17 through today) of Donald Trump's presidency. Conversely, the S&P increased a whopping 31.24% through the first 383 days of Barack Obama's first term. Not bad for a liberal black constitutional law guy out of Harvard who "hated" America.


(In response to this post by Stampy)

Posted: 02/08/2018 at 8:49PM



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Current Thread:
 
  
No comments about today's down market?.... ** -- Gateway 02/08/2018 4:45PM
  Good for you! -- Stampy 02/08/2018 10:03PM
  True -- Stampy 02/08/2018 10:02PM
  How LOW will it go? ** -- buffdad 02/08/2018 9:59PM
  Posts from a few weeks ago by certain people -- Portland 02/08/2018 6:48PM
  I think GeorgiaBuff was BRAINWASHED. ** -- H.I. McDunnough 02/08/2018 6:56PM
  To be fair -- Stampy 02/08/2018 8:18PM
  The Dow is not a good indicator. -- Portland 02/09/2018 3:02PM
  It was the DELIGHT of the business world -- buffdad 02/08/2018 10:01PM
  Had less to do with either president -- buffdad 02/08/2018 10:03PM
  I agree completely with you..... -- MoBuffs 02/09/2018 11:26AM
  I saw you posted that the other day -- Stampy 02/08/2018 10:01PM
  Expansions and recessions are inevitable -- Stampy 02/08/2018 10:43PM
  Correction: Ryan's tax plan ** -- buffdad 02/08/2018 10:03PM
  Good point -- Stampy 02/08/2018 10:05PM
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