It was a wild ride on Wall Street last week, and by the time they turned the power off at 11 Wall Street the DJIA Wayback machine had taken us back to the first week of January, 2017. Ready to see SFB’s head explode?
Under Obama the DJIA went from 7550 to 19827 – or an increase of 148.3 percent over 8 years, or 18.5% per year. *
So far the DJIA has gone from 19827 to 25409 under SFB or an increase of 28% over 3 years or an average of 9.38% per year.
That means that the Dow has experienced half of the growth per year so far under Trump than it did under Obama. Great job on the economy, SFB – as far as growth in my indexed investments, I’ll take Obama’s market thank you very much.
*The dates are approximate due to the scale of the DJIA graph I have access to.