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?
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.
I’m constantly amazed by people who don’t remember his first term.
Are you people on dope?!
Of course. I’m still sitting on half the liquidated stocks + bonds I sold 2 weeks before this whole shit. Buying back slowly.