General Discussion

SiliconValley_Dem

(1,656 posts) Thu Mar 12, 2020, 05:45 PM Mar 2020

DJIA at this point in Bush, Obama, Trump presidencies

At this point in their presidencies (3 years and about 2 months) here’s how DJIA grew or declined:

Bush -4.9%

Obama +65.1%

Trump +6.7%

The graph of the other two showed nothing but up and to the right for Obama whereas Bush had another major financial meltdown in his future.

Trump declines look nowhere near over.

DJIA isn’t meaningful when looking at how day today folks are doing, but Trump has harped and harped on this so there you go.

8 replies

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DJIA at this point in Bush, Obama, Trump presidencies (Original Post) SiliconValley_Dem Mar 2020 OP

Another data point, DJIA only went up 1.28 points per day of Trump WH SiliconValley_Dem Mar 2020 #1

Let's be honest, Wellstone ruled Mar 2020 #2

Yeah. But S&P 500 tells relatively similar story SiliconValley_Dem Mar 2020 #3

The S&P was changed at the same time. Wellstone ruled Mar 2020 #4

Do you have links to a mock S&P which show what it would have been? SiliconValley_Dem Mar 2020 #5

Didn't Obama start on a huge down turn also that he had to dig out of? brush Mar 2020 #6

Yep. He started with -11.7% in his opening days SiliconValley_Dem Mar 2020 #7

Great visualization of DOW under Bush and Obama and trump so far SiliconValley_Dem Mar 2020 #8

SiliconValley_Dem

(1,656 posts)

1. Another data point, DJIA only went up 1.28 points per day of Trump WH

Reply to SiliconValley_Dem (Original post)

Thu Mar 12, 2020, 05:46 PM

Mar 2020

Wellstone ruled

(34,661 posts)

2. Let's be honest,

Reply to SiliconValley_Dem (Original post)

Thu Mar 12, 2020, 06:17 PM

Mar 2020

Today's Dow components changed just before Trumps Swearing in. Many of the true industrials were replace by Tech Stocks which had a much higher inflated value and as a resulting weighting of the average spiked upward and with continued Stock buy backs,that average was juiced even more.

If we replaced those high fliers with their previous Companies,well,you would be looking at a Cheney Crash number after Lehmans.

SiliconValley_Dem

(1,656 posts)

3. Yeah. But S&P 500 tells relatively similar story

Reply to Wellstone ruled (Reply #2)

Thu Mar 12, 2020, 06:24 PM

Mar 2020

At this point in all 3 presidencies:

Bush at -17.6% ended his admin at -40%

Obama at +70.5% ended his admin at +175%

Trump at + 10.7%

Wellstone ruled

(34,661 posts)

4. The S&P was changed at the same time.

Reply to SiliconValley_Dem (Reply #3)

Thu Mar 12, 2020, 06:30 PM

Mar 2020

Bershire was added near the end of Obama's Term. Berkie has increased 300% before this last melt down. Also Tesla,and Alfabet as well as Amazon have distorted all the averages. If we us 2016 values,today's S&P would be closer to a minus 20 + .