Friday, April 3, 2020

Presidents and the Stock Market


C. Coolridge (+237%),
B. Clinton (+222%),
F.D. Roosevelt (+162%),
Ronald Reagan (+154%) and
D. Eisenhower (+116%) were the best presidents for the "Dow," ([Charles] Dow [Edward T.] Jones Industrial Average).

H. Hoover (-79%), R. Nixon (-16%), J. Carter (-16%), W. Harding (+14%) and G.W. Bush (+19%) were the worst.

D. Trump's record, between +20% (today) and +66% (at his highest), is average.

1933 to 1968 the Dow increased 1,444%. 1980 to 2000 saw an 1,227% increase.

Plinthos decided to do this comparison because the fake news stations talk so much about the stock market but never give critical analysis of it. It is helpful to put things in perspective.
Below is a list of each president of the past century and the value of the Dow at the beginning and at the end of his term, with the percentage differences.

D. Trump (2017-Present)   
April  2020 21.41K (-27%)       (+20% since April 2016)
Feb.   2020 29.42K (+40%)      [+66% since April 2016]
April 2017 20.94K (+12%)

B. Obama (2009-2017)       
April 2016 17.77K  (+15%)      (+38% since April 2008)
  May 2013 15.35K  (+86%)
  May 2009   8.27K  (-36%)

G.W. Bush (2001-2009)
April 2008 12.89K   (+27%)     (+19% since April 2000)
 May 2005  10.14K  ( -.063%)
 May 2001  10.82K  ( -.018%)

B. Clinton (1993-2001)
April 2000  10.84K  (+51%)    (+222% since April 1992)
 May 1997   7.17K   (+108%)
 May 1993   3.44K   (+2.1%)

G.H.W. Bush (1989-1993)
April 1992   3.37K  (+42%)     (+68% since April 1988)
  May 1989  2.38K  (+18%)

R. Reagan (1981-1989)
April 1988   2.01K (+61%)      (+154% since April 1980)
 May 1895   1.25K (+25%)
 May 1981   1.00K (+27%)

J. Carter (1977-1981)
April 1980    817 (+9%)           (-16% since May 1976)
 May 1977    899 (-7.8%)

G. Ford (1974-1977)
 May 1976     975 (+17%)        (+22% since May 1974)
 May 1975     832 (3.7%)

R. Nixon (1969-1974)
May 1974     802 (-14%)          (-16% since Oct. 1968)
May 1969     938 (-1.5%)

L.B. Johnson (1963-1969)
Oct. 1968      952 (+17%)         (+26% since Oct. 1963)
March 1964  813 (+7.7%)

J.K. Kennedy (1961-1963)
Oct. 1963     755 (+8.3%)         (+30% since Oct. 1960)
May 1961     697 (+20%)

D.D. Eisenhower (1953-1961)
Oct. 1960     580 (+113%)        (+116% since Oct. 1952)
May 1953    272 (+1.1%)

H. Truman (1945-1953)
Oct. 1952     269 (+65%)          (+68% since Jan. 1945)
July 1945     163 (+1.9%)

F.D. Roosevelt (1933-1945)
Jan. 1945     160 (+63%)           (+162% since Jan. 1933)
June 1933      98 (+61%)

H. Hoover (1929-1933)
Jan. 1933       61 (-81%)          (-79% since Nov. 1928)
April 1929   319 (+8.9%)

C. Coolridge (1923-1929)
Nov. 1928     293(+205%)       (+237% since May 1923)
Dec. 1923      96 (+10%)

W. Harding (1921-1923)
May 1923      87 (+23%)          (+14% since Nov. 1920)
June 1921      68 (-11%)

W. Wilson (1913-1921)
Nov. 1920     76 (38%)
Feb. 1915     55