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Financial expert compares: US stock markets under Biden compared to other presidents. Biden remains behind Trump but ahead of Obama.
According to a report from www.finanzen.ch, the US stock markets have developed strongly in recent years. Since Biden took office, the S&P 500 was able to increase by around a quarter by the end of 2023. This is impressive growth, but it does fall somewhat short compared to other presidents such as Donald Trump and Barack Obama. The percentage performance of the S&P 500 from the last trading day before the inauguration to the last trading day of the third year of the presidency shows that there was an increase of 25.6 percent under Joe Biden's leadership. In comparison, in the same period under Donald Trump there was an increase of 42.7 percent...
Financial expert compares: US stock markets under Biden compared to other presidents. Biden remains behind Trump but ahead of Obama.
According to a report by www.finanzen.ch, shows a strong development of the US stock markets in recent years. Since Biden took office, the S&P 500 was able to increase by around a quarter by the end of 2023. This is impressive growth, but it does fall somewhat short compared to other presidents such as Donald Trump and Barack Obama.
The percentage performance of the S&P 500 from the last trading day before the inauguration to the last trading day of the third year of the presidency shows that there was an increase of 25.6 percent under Joe Biden's leadership. In comparison, an increase of 42.7 percent was recorded in the same period under Donald Trump. The same goes for other presidents like Barack Obama, whose term in office saw an increase of 47.9 percent. Even under George W. Bush there was a negative development, with a decline of 17.3 percent.
The impact on the US leading index Dow Jones and the tech indices is also significant. Under Biden, the Dow Jones rose by 21.9 percent, while under Trump it rose by 44.6 percent. The NASDAQ Composite rose 13.8 percent under Biden, while there was an increase of around 62 percent under Trump. The NASDAQ 100 increased by 29.5 percent under Biden compared to 72.9 percent under Trump.
This comparative data suggests that the stock market under Biden's leadership is underperforming compared to previous presidents. This could indicate that investors have less confidence in economic policy under Biden. However, it remains to be seen what economic and political developments will be in the coming years.
The implication is that the financial industry and the market will closely monitor the performance of the stock market under Joe Biden's leadership in the coming months and years. Any political decisions could have a direct impact on market developments, which will interest investors and financial experts alike. It remains to be seen whether Biden will be able to boost investor confidence and stabilize the stock market in the coming years.
Read the source article at www.finanzen.ch