Stocks at the President’s 100 Days

By Spencer,

Given all the attention the press is giving the 100 days results I though people might find this chart of interest.

There is a wide spread convention to use the election day as a base for the stock market because of the belief that the market is a way of discounting future results.

Of course I will not point out that the policies Larry Kudlow wants to repeat produced the second worse stock market results of any US President.