Because we got an entirely new Democratic President, House and Senate five months after Lehman Brothers evaporated. This is shaping up to look much more like 1929, when we wouldn’t get a new government for 3 1/2 years. |
The last three Republican Presidents have presided over markets going down, and the last three Democratic Presidents have presided over markets going up. 🤔 |
Oh now the S&P 500 is all that matters? Because you didn’t think that during the Biden administration. |
DP. Because it was doing fantastic. |
S&P and NASDAQ were phenomenal under Biden.
Disaster under Trump. Anyone denying it is a blind idiot. Trump needs to change course. |
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S&P 500 lower today than it was on November 5, 2024. |
Well that's a lie, the market only went down under G.W. Bush. External events heavily influence the economy more then Presidents do. |
It is only because a Democrat president had the reigns 12 of the 16 years. Don’t forget that the two years the market was down and sputtered was when that Republican was in the White House with his agenda. |
On March 6th, 2009, after Obama was elected, the S&P 500 was down nearly 30% |
And what was happening then? And why was that happening? |
From January 20, 2009, to March 6, 2009, the S&P was basically flat at around 800. |
No, it was at ~800 on Jan 20th 2009, and it was ~680 on March 6th 2009. A loss of 15% |
So Republican policy didn't influence those external events? Just a coincidence markets have fallen during the last GOP presidencies? |
And where was it at the end of Obama’s first term? And his second term? |