Presidents come in many flavors. In President Trump, we had a President who obsessed day and night about the stock market’s performance. He presided over a stock market where the S&P 500 gained 68%, the Nasdaq increased 138%, and Dow was up 57%.
Recently, Larry Kudlow, director of the National Economic Council under President Trump, aptly described the current President. Kudlow says, “President Biden likes to ridicule the stock market.”
And, it shows. We finished the third quarter on Friday.
