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In Biden's first two years in office, the stock market has both boomed and busted. In 2021, Biden's first year, the S&P 500 returned over 26%, but this was followed by a drop of nearly 20% in 2022.
In November 2020, The Washington Post cited a study by CFRA Research that the stock market (as measured by the S&P 500) averaged the following annual rates of return, under different control scenarios, from 1945 to September 2020: [24] Democratic president with split Congress: 13.6%; Democratic president with Republican Congress: 13.0%
Despite the pandemic and inflation challenges, Bloomberg News reported in November 2021 that the S&P 500 stock market return of 37.4% in Biden's first year (measured from election day) was the highest of any modern president. [24] The stock market gains and significant housing price increases contributed to record household net worth of $142 ...
Trump wins on stock market performance, real-income growth, and low inflation. If the economy holds up during the rest of 2024, as most economists expect, Biden will sustain that 4-3 advantage in ...
The performance of the volatile stock market typically has little to do with the president who’s in office (though 2020 saw numerous exceptions, including a tumble following Donald Trump’s...
The Nasdaq composite—a stock market index composed of more than 3,000 stocks listed on the Nasdaq Stock Market—is one of the most common measures of the performance of U.S. equity markets ...
“We saw new highs for the stock market’s major ... S&P Returns Under President Biden. Year. Return. 2021. 26.9%. 2022-19.4% ... The current bond market’s outlook remains more uncertain than ...
See what's winning and losing since Biden took office.