Following are the average annual gains (Feb-to-Feb) in the S&P-500 index for each 4-year period since Grant. Since red/blue are used as party colors AND as bear/bull stock market codes, it seemed fun to note that the worst 4-year decline and four of the five 4-year (red) declines since Wilson occurred when the President was also red.
Grant…-10.26%
Hayes…16.58%
Arthur…-8.26%
Cleveland…4.94%
Harrison…0.98%
Cleveland…-6.67%
McKinley…14.76%
Roosevelt…4.96%
Roosevelt…0.00%
Taft…0.48%
Wilson…0.17%
Wilson…-5.97%
Harding…10.88%
Coolidge…23.71%
Hoover…-29.28%
Roosevelt…30.47%
Roosevelt…-14.04%
Roosevelt…8.96%
Truman…1.45%
Truman…15.03%
Eisenhower…13.87%
Eisenhower…9.36%
Kennedy…8.69%
Johnson…4.00%
Nixon…2.99%
Ford…-3.02%
Carter…6.18%
Reagan…8.95%
Reagan…12.91%
Bush…10.71%
Clinton…15.95%
Clinton…13.09%
Bush…-2.10%
Bush…-9.49%
Obama…17.07%
Obama…11.41%
Trump (incomp.)…3.15%
Give the Orange President some credit: the stock index hasn’t fallen on his watch. Yet.
How’s that deregulation working out for all y’all?
If the 14.5% average annual growth during Clinton’s 8 years and Obama’s 8 years show a “dragged” economy and growth “held back” I’ll eat your MAGA hat!