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However, what many commentators miss is not just the 40 record highs the stock market has hit under the Biden-Harris administration—but also that while Trump does hold significant sway over ...
The good news for investors (and Biden) was that the market soon recovered and notched gains throughout 2023. It began breaking all-time records by the end of the year.
And under Biden, the benchmark S&P 500 has climbed 34% to all-time highs. “This is just an encore presentation of what he said last time,” said Art Hogan, chief market strategist at B. Riley ...
In 2020, former President Donald Trump warned that the historic stock market boom on his watch would implode if voters replaced him with Joe Biden.
Donald Trump will inherit a much more expensive stock market in 2025 The S&P 500 had a forward price-to-earnings (PE) ratio of 22.2 as of Dec. 20, according to Yardeni Research.
That resulted in massive financial support from the industry, which had chafed against the more restrictive policies of the Biden administration. Shares of crypto exchange Coinbase jumped nearly ...
However, there is a major inflection point at hand: Donald Trump will be inaugurated as the 47th U.S. president on Jan. 20, and investors are curious about how the stock market will perform during ...
Stocks: Overall, the S&P 500 stock index has risen 42.1% since Biden took office, compared with a 33.6% increase over the same time period for Trump, but stocks rose at a faster pace under the ...