Posted 12/19/2023, 3:49:00 PM
Biden's Stock Market Gains Trail Obama, Trump - But Could Catch Up
- As of Friday, the S&P 500 has gained 22.5% since Biden's inauguration in January 2021
- This is a sizable rise, but lower than the gains seen at this point under Obama and Trump
- Stocks lost ground in 2022, falling 19.4% amid Fed rate hikes to curb inflation
- Research shows stocks haven't performed as well under Biden so far compared to Trump and Obama
- Biden's market track record could improve in comparisons if 2020's pandemic drop gets included