President Donald Trump often cites the stock market as a scorecard of his policies. Here’s how the S&P 500 performed under each president from Reagan to Trump.
Through the end of February 2019, stocks are up about 23% since Trump’s inauguration. CNN Business will update this tracker at the end of each month.President Ronald Reagan’s first four years in the White House weren’t particularly lucrative for Wall Street., the economy stumbled into a brief recession in July 1981. Unemployment spiked to nearly 11%.
But then the savings-and-loan crisis and Gulf War struck. Oil prices more than doubled after Iraq invaded Kuwait. Growth slowed, and the American economy slipped into a mild recession in July 1990. GDP topped 4% in five of Clinton’s eight years in the White House. Inflation remained stable. Unemployment dipped below 4%. And the United States enjoyed the longest period of uninterrupted economic growth in modern history.
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