Originally Posted by
Stringfellow Hawk
This page has the comparisons between Biden vs Trump across all the metrics we track. Since President Biden is still in office, Biden's performance is still current date and Trump's performance is for the same equivalent time period in Trump's presidency.
With respect to cumulative performance, Joe Biden has performed better on 2 out of the 5 metrics we track. President Biden's highest performance difference was on the indicator Job Growth performing 4.23% better than President Trump. President Biden's lowest performance difference was on NASDAQ Index performing -50.86% worse than President Trump.
We highly recommend you read this article as well prior: What's the best way to interpret the facts and data on Facts First?
BIDEN VS. TRUMP STOCK MARKET PERFORMANCE
How does Biden compare to Trump in the stock market? We share the facts on cumulative and annualized performance between Biden and Trump in the stock market. Cumulatively across the S&P 500, Biden is at 0.52% compared to Trump at 20.09% a difference of -19.56%. On the NASDAQ, Biden is at -15.30% compared to Trump at 35.56% a difference of -50.86%. Finally, on the DOW Jones, Biden is at 0.32% compared to Trump at 23.00% a difference of -22.68%.
https://www.factsarefirst.com/compar...n/donald-trump
I guess you forgot to include this part which comes up if you bother to find the "best way to interpret the facts."
Timing When Presidents Take Office
The existing economy and situation when a president takes office could factor into their performance. That means GDP, employment and stock market performance during a president’s time in office can be largely affected by the policies of the previous administration, especially in the first few months and quarters of their time (GDP and employment more so since it is a lagging indicator). It can also be affected by major non-presidential events that happened before they took office.
Of course, if we simply ignore all context than Trump is only 20% better than Biden. Trump wins 60% of the markers, Biden wins 40%. But wait. That's not exactly true since the site divides the market into 3 parts. Historically the 3 indexes in the market closely follow each other. That would mean the site is in fact only following 3 items, the market, GDP and job growth. That would mean Biden is doing better in 2 out of the 3.
"We are all born ignorant, but one must work hard to remain stupid."
"Any fool can criticize, condemn and complain - and most fools do."
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