Opinion | The Trump market is a rather limp balloon. Just look at history. - The Washington Post

Eleven days before the 2020 election, the Dow Jones industrial average, the venerable index of U.S. stock market performance, opened at 28,409.65. This number looms large in the argument for reelecting President Trump. In the final debate of the election season, challenger Joe Biden directly addressed the Trump market: “The idea that the stock market is booming is his only measure of what’s happening.” And Trump was happy to agree, saying: “401(k)s are through the roof.” But as a closing argument for reelection, the Trump market is a rather limp balloon. Yes, stocks are up during the Trump years — by about 43 percent over the past 45 months. By the standards of the past 100 years, this is a good, but hardly great, performance. ​....
https://www.washingtonpost.com/opinions/the-trump-market-is-a-rather-limp-balloon-just-look-at-history/2020/10/23/6e319082-154b-11eb-ba42-ec6a580836ed_story.html