Here’s President Trump’s real stock market scorecard
President Trump has often bragged about how the stock market has performed since he was elected, but that can be a dangerous game, especially during the coronavirus crisis.
Here’s a chart that shows a mixed stock market track record, at best, for the president. That is, assuming you buy the argument that he should be credited or criticized for how well the market performs.
returned 19.3%, with dividends reinvested, from the close on Nov. 8, 2016, when Trump was elected, through the close March 16, 2020. That is a sobering number when you consider that the benchmark index returned 31.5% last year.
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