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8/27/2020 1:56:33 PM
 
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Section 4: President & Congress Subject: Dow Jones Performance Msg# 1095046
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| Good point about time between election and swearing in. So how much did the DOW jump in that period for Trump? | ||||||
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For reference, the above message is a reply to a message where: One criticism of those kinds of charts has been made by the technical financial analysts. In today's markets with all the modern methods of fast communications, the markets react very quickly. Thus the boosts from Trump's election were occurring immediately after his election. It generally continued thru November & December 2016 and into the new year 2017. But those time frames were technically within the Obama administration, as reflected on most of the charts and tabulations. Notice your data focuses on inauguration days. Seems these are valid criticisms of such economics. And its not a new argument/debate for guys who watch such stuff. Also has happened in other swings of political leadership. Also the distorting effects of lumping single term vs multiple term presidencies. Another factor is the burgeoning of new technologies. As you've noted, the dot-com emergence occurred under Clinton, yet was unrelated to the political climate. Bringing big economic expansions during those Clinton years. Expansion of fracking was one economics driver during Obama's years (despite his leanings). And of course there's also the huge economic negatives of Covid.
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