All things considered, it has only been about 3 months since Trump took office, I feel like there is absolutely no way that this was just a single craze and from here things will even out.
I feel like until 2028 (or maybe 2026?) S&P 500 is going to look like a roller coaster.
What do you think?
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What climb? Its still down 8.61% since he took office. Crazy to celebrate losing almost 9%.
By contrast Biden’s second to last year was UP 24.23%. His last year was up yet another 23.31%.
To put dollars on this:
- If under Biden you’d put $100,000 into the S&P500 on Jan 2023 on Dec 31 2023 you’d have $124,230.
- If still under Biden you left your $124,230 in the S&P500 on Dec 31 2024 you’d have $153,188.01.
- Under trump if you’d put $100,000 into the S&P500 on Jan 2025 by today Apr 13th 2023 you’d have $91,390
I see no cause for celebration here.