Politics and the real economy

[bgreene]

Originally Posted by oteps

Joe has done nothing to reduce inflation. Just keep blaming Trump.

Ok well……” In 2020, Trump famously predicted that “the stock market will crash” if Joe Biden became president. Biden did, and equity investors have since turned a handsome profit.

Since Biden took office, the S&P 500 stock index has risen a healthy 40%, capped by a five-month rally that kicked off last October and is still underway. At the same point in Trump’s presidential term, the S&P was up just 13%.

And the S&P 500 is up 15 % year to date