Tornado Alley (PROG)

[blackhawks]

Your 'k shaped recoveries' are DEM RECOVERIES, get it? Let's see a GOP recovery and what letter it would be.

The GOP hands off recessions and THEN they become deficit hawks looking for every opportunity to shut down the gov.

You're the one in denial of economic realities and the FACT that the economy....new jobs, GDP and the stock market.....all do better under Dem presidents.

https://www.kiplinger.com/investing/602714/best-and-worst-presidents-according-to-the-stock-market

The Best and Worst Presidents (According to the Stock Market)

Which U.S. presidents oversaw the best stock market performances? Just for grins, let's see what a 'stock market Mount Rushmore' might look like.

Joe Biden
President: January 20, 2021-present
Market return: 11.2% per year
Joe Biden was tops after his first 100 days in office.

"Since January 20, if the stock market's performance is any indication, Wall Street appears to approve of President Biden's attempts to corral the COVID-19 virus and stimulate the economy," Sam Stovall, chief investment strategist for CFRA, said amid Biden's first 100 days.

He added that Biden's return through April 28, 2021, put him on pace for "the second strongest 100-day return of first-term presidential administrations since WWII, and well above the average of 1.9% since 1949."

"Only President Kennedy had a more joyous reception by Wall Street in 1961, but not by much," Stovall added. "Also, the 21 new all-time highs recorded by the S&P 500 since January 20th of this year [2021] slightly exceeded President Kennedy's 20 count."

Late 2021 and 2022 were far less kind as the Federal Reserve's aggressive campaign of raising interest rates to battle high inflation weighed on investors' risk appetite.

However, markets resumed their red-hot ways in 2023 and so far in 2024, with a new bull market well underway, the S&P 500 climbed back into record-high territory. As a result, the S&P 500's 11.2% annualized return since Biden took office puts him near the top of the pack of the best U.S. presidents in terms of stock market performance.