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The current president hasn’t seen as good a start, stock-market wise, as his predecessor.
President Donald Trump has been tweeting more frequently about the stock market, whose record-setting performance has been one of the highlights of the 45th president. But it turns out, equities were advancing even more quickly in the early days of President Barack Obama.
S&P Global Market Intelligence compiled S&P 500 SPX, +0.25% performance for each postwar president, through the July of each president’s first term.
|President||S&P 500, taking office through end of July|
|George H.W. Bush||20.7%|
|George W. Bush||-9.8%|
Of course, early performance is just that, and may as much reflect the policies of the previous president as the current one.