President Donald Trump has repeatedly pointed to the stock market as one of the best ways to measure his administration’s policies.
During Trump’s presidency, the S&P 500 has gained 27% from inauguration day through August 12. How does that stack up to stock performance at the same point in other modern presidencies? (644 trading days, to be exact).
Stocks were stronger under Barack Obama and far weaker under George W. Bush.
S&P 500 performance under Trump compares more closely to stocks under Bill Clinton (they were up 29% at this point in his presidency) or Ronald Reagan (up 23% at this point).