A few weeks ago, the Wall Street Journal’s James Mackintosh had a piece on the performance of the S&P 500 during presidential terms.
Following is a table that accompanied his piece… “Stocks and the President”
S&P 500 change from president assuming office.
Rep. Herbert Hoover (1929-1933)… -77%
Dem. Franklin D. Roosevelt (1933-1945)… +141%
Dem. Harry S. Truman (1945-1953)… +85%
Rep. Dwight D. Eisenhower (1953-1961)… +118%
Dem. John F. Kennedy (1961-1963)… +16%
Dem. Lyndon B. Johnson (1963-1969)… +37%
Rep. Richard Nixon (1969-1974)… -15%
Rep. Gerald Ford (1974-1977)… +11%
Dem. Jimmy Carter (1977-1981)… +28%
Rep. Ronald Reagan (1981-1989)… +118%
Rep. George H.W. Bush (1989-1993)… +51%
Dem. Bill Clinton (1993-2001)… +210%
Rep. George W. Bush (2001-2009)… -40%
Dem. Barack Obama (2009-2016)*… +152%
*Through Nov. 8…returns don’t include dividends.
Sources: Birinyi Associates, WSJ calculations
Wall Street History will return in two weeks.
Brian Trumbore
