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Wednesday, July 10, 2019

Trading Day 619 Since Inauguration

Yesterday was the 619th trading day since Trump's 1/20/2017 Inauguration. The S&P500 is up 27%!
For the same period in Obama's first term, the S&P500 was up 52%.


Source: Yahoo Finance Historical data.

The above shows the Dow Jones Industrial Average and S&P500 stock index normalized performance (Inauguration Day = 1000) for the first 619 days since Trump's Inauguration and Obama's first Inauguration. Both have similar results.

Bragging is not polite but bragging rights are obvious in spite of the fact Presidents truly have limited effect on the stock market.

Feel free to post comments.

Disclaimer: Posts are for education only and not investment advice, may be subject to change without notice, and, while prepared with care, may be subject to omissions and errors.

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