Jazone6h ago
"Joe #Biden's presidential term achieved a higher absolute number of daily positive gains (716 days) than Donald Trump's first presidential term (555 days), though Trump’s term had a slightly higher overall percentage of positive trading days due to a shorter total period."
#JoeBiden
#POTUS
#CNBC
#Squawkbox
#premarket
#investing
Show threadMayor of Nerdocrumbesia 🏡5h ago

@Jazone

This doesn't look right. How was trading days during Biden's term nearly a whole year longer?

Show threadJazone5h ago

@jchaven

COVID is my first guess.
It's a good question for analysis. Run with it.

Show threadMayor of Nerdocrumbesia 🏡5h ago

@Jazone

What is the source for this table?

Show threadJazone5h ago

@jchaven

Google inquiry.

Show threadMayor of Nerdocrumbesia 🏡

@Jazone

I think Google was still counting days past January 20, 2025 for Biden's term.

4:17pmWeb
Show threadJazone4h ago

RE: https://social.sdf.org/@jchaven/114889457441529560

@jchaven
I believe this is the reference that was used to explain the total trading day gap.
"Donald Trump's first term maintained a highly consistent, steady climb fueled by low interest rates and the 2017 corporate tax cuts. However, his positive day count was heavily disrupted during the final year by the massive market corrections brought on by the Q1 2020 #COVID-19 pandemic."
One of the 9 sources include
https://smartasset.com/investing/stock-market-trump-vs-biden