Obama trumps Trump in stock-market gains through July – MarketWatch

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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
Eisenhower -5.3%
Kennedy 11.3%
Nixon -9.7%
Carter -4%
Reagan -0.6%
George H.W. Bush 20.7%
Clinton 3.4%
George W. Bush -9.8%
Obama 22.6%
Trump 8.8%

Of course, early performance is just that, and may as much reflect the policies of the previous president as the current one.

Also read: Trump tweet shows he’s a Dow Jones Industrial Average man

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