President Obama’s term, starting in 2009, began when stock market valuations were near the bottom and as is well documented now, the stock market went on to its longest bull market in history. For example, the September 11th terrorist attacks and the 2008 Great Financial Crisis occurred under President G.W. It’s important to keep in mind the myriad of other factors that impact stock market performance aside from who is elected as president of the United States. Under both Democratic and Republican presidents, the stock market has generally performed well with an upward trajectory over the long-term. Stock market performance by president (S&P 500) Growth of a Dollar Invested in the S&P 500 Here are several charts to illustrate the stock market performance by president. And over the long-term, the stock market has performed well under all types of presidential administrations. How will the stock market react if the incumbent (President Trump) wins? What will markets do if the current Republican administration is replaced by a Democratic one? How does the stock market perform when Republicans or Democrats have control of Congress vs when it’s mixed? Although volatility is often heightened during an election year, historically, returns tend to be higher as well. presidential election nears, investors may be wondering what the implications are for their investments. Already you can see some of it in terms of higher prices for a lot of materials in the U.S.As the next U.S. "It’s going to generate a lot of instability. "In my view, the effects are going to be much longer term - we shouldn't be looking at these indicators right now, which is just kind of a continuation," Harvard economist Marc Melitz said, citing tariffs and renegotiated trade deals as a top concern down the line. While Obama can look back on his eight years and see his leadership play out, Trump's effect is still not yet known. Since Trump took office, the country has added 3.58 million jobs, short of the 3.96 million jobs that were added in the final 19 months of Obama's presidency.Įconomies do not grow overnight, or turn on a hair with a new presidency. And where workers are concerned, Trump's gains do not yet match his predecessor's. GDP last reached 4.2 percent during Obama's second term. Still, it's impossible to tease out Trump's economy from Obama's this early in the former's presidency. "You'd have to talk to the president about where the number came from, but the correct number is 10 years," Hassett said. Now in the second year of his presidency, he has passed a major tax bill and rolled back a significant number of regulations, giving the economy another injection of capital - though economists disagree on the how much the tax cuts will really benefit the larger economy and whether it will have lasting effects to the economy. Trump's supporters say he's supercharged the economy. Still, as Trump accurately points out, the recovery under Obama was marked by a slower rate of growth than what followed previous recessions, such as the recovery under President Ronald Reagan in 19. The bulk of that decade of growth was under Obama’s presidency, and can fairly be credited to him. is now its 10th year of economic growth, and in its longest period of growth with 95 straight months of job creation. He inherited a dismal economy in the middle of a recession that lasted 18 months, facing what many feared would be a depression, and was able to turn it around in the first years of his presidency. The economy was, however, struggling when Obama took office in 2009.
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