This doesn't look right. How was trading days during Biden's term nearly a whole year longer?
Total calendar days for each term: 1,461
Federal "Work" days for January 20, 2021, to January 20, 2025 = 987
1461 calendar days - 474 days skipped:
Excluded 209 Saturdays
Excluded 209 Sundays
Excluded 56 holidays
Federal "Work" days for January 20, 2017, to January 20, 2021 = 989
1461 calendar days - 472 days skipped:
Excluded 209 Saturdays
Excluded 209 Sundays
Excluded 54 holidays
Even taking "hours" into account the terms had similar trading days.
Trump (Jan 20, 2017-Jan 20, 2021):
Total trading days: 1,006
Normal full-length days: 1,000
Early-close days: 6
Cumulative regular-session trading hours: 6,517 hours
Biden (Jan 20, 2021-Jan 20, 2025):
Total trading days: 1,008
Normal full-length days: 1,002
Early-close days: 6
Cumulative regular-session trading hours: 6,522 hours
(Early-close days: each 3.0 hours if 1:00 PM close OR 5.5 hours if 2:00 PM close)
Results for S&P 500 daily closes (day counts as "positive" if close > previous trading-day close):
Trump first term: Jan 20, 2017-Jan 20, 2021
Trading days in range: 1,006
Positive (up) days: 525
Negative (down) days: 468
Unchanged days: 13
Up-day percentage: 52.2%
Biden term: Jan 20, 2021-Jan 20, 2025
Trading days in range: 1,008
Positive (up) days: 536
Negative (down) days: 456
Unchanged days: 16
Up-day percentage: 53.2%
Regardless of this information (market's performed better under Biden by about 1%), Biden still was a better president.
Trump is still a grifting narcissist that doesn't give a shit about anyone but, himself.
I believe the total day drops in market value in the final year of the first Trump Administration is considered an adjustment as the daily declines overwhelmed daily gains on the #bellcurve.
Jazone
Mayor of Nerdocrumbesia 🏡