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If Trump Wants to Top Obama, He’ll Need to Get the Dow to 50000 – Money Magazine

The stock markets performance in the two terms under Obama represents the second best run under a Democrat president, trailing only the 14.9% annual gains under Bill Clinton in the 1990s, according to Sam Stovall, chief investment strategist for the market research firm CFRA. Unlike Reagan, who not only presided over a major bull market but also a couple of big stock slides – the 1981-82 downturn and the October 1987 crash – Obama’s entire presidency unfolded in a bull market. Many market observers have pointed out that the stock markets run under Obama may not have been all or even mostly Obamas doing.

If Trump Wants to Top Obama, He’ll Need to Get the Dow to 50000 – Money Magazine

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