September 16, 2021
Markets

Biden’s Stock Market Returns Continue To Trounce Trump’s

Even with the Delta variant cases, hospitalizations and deaths hitting levels not seen for months, along with concerns the Fed will slow asset purchases later this year, the S&P 500 and the Nasdaq closed at record highs on Friday. By President Trump’s favorite measure of success, President Biden’s post-election and inauguration stock market gains have beaten Trump’s equivalent nine plus month’s returns. The stock market has not crashed under Biden as Trump predicted as seen in this debate video.

All three major indexes, the Dow 30 Industrials, S&P 500 and the NASDAQ have generated greater percentage increases from their respective election days to late August. Biden’s outperformance includes from the day of the November 3 election and the Friday…

Read full article here: www.forbes.com