When former President Barack Obama took office on Jan. 20, 2009, the Dow Jones Industrial Average (DJIA) continued its credit crisis slump and fell to 7,949.09, the lowest inaugural performance (as measured by percentage drop) for the Dow since its creation in 1896.1 The S&P 500 and the Nasdaq took similar hits on inauguration day, dropping 5.3% and 5.8%, respectively.2 3Polar1ty » 15 Oct 2021, 10:54 am » wrote: ↑ Stock market / presidency : independent variables.
Same reason I castigated conservatives for suggesting the orange conman was responsible for a "roaring stock market." Nonsense. Had Hillary been president the outcomes would be similar.