With the Dow ahead by 9.9% over the period, he is bested only by FDR and Taft.
Tag: Barack Obama
Historically, a new president’s initial year is not a barn burner, LPL stats show.
Big question: Will it keep going? Herbert Hoover’s showing was pretty good, too.
Problems like the virus and high joblessness will continue for a while, the bank’s strategists declare.
Despite investor qualms, equities should keep heading north, JPM predicts.
If the White House and Congress are blue, the economy does best, LPL says. But a Democratic president and a Republican Congress do best for the S&P 500.
His 13.4% yearly corporate profit increase, admittedly over just three years, is bested only by Obama’s 26% over eight, CFRA’s Stovall finds.
Similar downbeat predictions about Obama and Trump came to naught, strategists point out.