UPDATED January 20, 2017 and moved to the top of the blog to show all of Obama’s term with all of Bush’s term:
Are you better off today than you were
four eight years ago? The Dow Jones during the Bush years peaked and spiked, taking the market on a harrowing roller coaster ride. Well if you invested stayed in the market for the past eight years, I think the answer…
was YES! four years ago and the answer is YES!!! right now.
Here are two charts that illustrate how much better off your investments were under Obama’s tenure than Bush’s tenure:
The Dow Jones during the Bush Years
The Dow Jones during President Obama’s term:
And what does it mean?
“I have long believed that stock markets are the best barometer of the health, wealth and security of a nation. And today’s stock market message is an unmistakable vote of confidence for the president.”
The success of the market during Obama’s term is pretty normal. The stock market is almost always better under Democratic presidential terms than Republican terms as this chart of recent two-term presidents illustrates.
I think it’s pretty easy to predict what we’ll get from Trump.