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Biden's 100-day stock market performance is the hottest going back to the 1950s
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LetMyPeopleVote
(176,683 posts)peppertree
(23,186 posts)But the fact is, that most financial/currency crashes are their doing (deregulation).
calimary
(89,289 posts)And we all watched it happen. OUR eyes dont lie. Yours do.
Hell, thats ALL yours do.
IronLionZion
(50,994 posts)unless they want to claim this is Trump's tax cuts finally trickling down 3 years late
spooky3
(38,379 posts)If you follow the links to the article:
https://www.cnbc.com/amp/2021/04/26/bidens-100-day-stock-market-performance-is-the-hottest-going-back-to-the-1950s.html
you see that the 24% is SINCE ELECTION DAY, not since Inauguration. The market jumped up a lot (maybe half of the 24%) between election day and Inauguration Day.
"The S&P 500 has risen 24.1% since Election Day with numbers that easily trounce any of his predecessors."
I found this only because when I checked my S&P account, I saw it had not gone up anywhere near 24% even since January 1, 3 weeks before inauguration day.
However, the graph in the article does compare apples to apples, e.g., Trump's election to his 100th day in office vs. Biden's election to his 100th day in office, so that's fair.
musclecar6
(1,884 posts)I like better than seeing the loudmouth jerk off fall on his sword.
BobTheSubgenius
(12,181 posts)SheltieLover
(78,202 posts)Now lock the slimeball up!
George II
(67,782 posts)....back in 1988-1998, in the form of a 401k.
Last year by late summer it dropped about 18% thanks to trump's bungling of the "recovery". It's now up 51% from that time, mostly since Biden was elected.
Cha
(317,700 posts)Treasonous Psychotic POS.
Rhiannon12866
(252,137 posts)To criticize this president - examples include the made up "meat ban," Mister Potato Head and Dr. Seuss!
