[DocSavage87]

I mean, you can probably attribute some of the increase in the stock market during Trump's term to the tax cuts he passed, but on the other hand, Obama and Trump are about as politically different as you can reasonably expect, and yet, COVID blip aside, the stock market has performed pretty similarly for both of them.

Just a minor nit, but Pres. Obama's market growth happened at the beginning, middle and what would have been presumed to be the end of the longest bull market in history. Trump's growth happened when expansions historically have faded.  

Also (speaking of the Fed).  Obama's growth occurred when Fed's rate was 0.25%, and remained so for Pres. Obama's entire eight year term.  Rates started increasing a bit in Obama's eigth year (by a sliver) then skyrocketed and continued to accelerate during Trump's first three years.  They only reduced when COVID appeared.

https://www.macrotrends.net/2015/fed-fun...ical-chart

https://www.macrotrends.net/2015/fed-fun...ical-chart

You might also want to mention why the Fed's rate was that low and what happened prior to Obama taking over.  And yeah, you can juice the market in a number of ways including tax cuts and also the global conditions -- like where you can actually put your money.  It's not like US exists in a vacuum.  And the stock market isn't the economy.  Let's see what happens when the constant stimulus subsides.

[DocSavage87]

I mean, you can probably attribute some of the increase in the stock market during Trump's term to the tax cuts he passed, but on the other hand, Obama and Trump are about as politically different as you can reasonably expect, and yet, COVID blip aside, the stock market has performed pretty similarly for both of them.

Just a minor nit, but Pres. Obama's market growth happened at the beginning, middle and what would have been presumed to be the end of the longest bull market in history. Trump's growth happened when expansions historically have faded.  

Also (speaking of the Fed).  Obama's growth occurred when Fed's rate was 0.25%, and remained so for Pres. Obama's entire eight year term.  Rates started increasing a bit in Obama's eigth year (by a sliver) then skyrocketed and continued to accelerate during Trump's first three years.  They only reduced when COVID appeared.

https://www.macrotrends.net/2015/fed-fun...ical-chart

https://www.macrotrends.net/2015/fed-fun...ical-chart

You might also want to mention why the Fed's rate was that low and what happened prior to Obama taking over.  And yeah, you can juice the market in a number of ways including tax cuts and also the global conditions -- like where you can actually put your money.  It's not like US exists in a vacuum.  And the stock market isn't the economy.  Let's see what happens when the constant stimulus subsides.