Home » Markets » The stock market in Biden’s first year
The stock market in Biden’s first year
Bulls and bears question if now is the time to buy stocks
Seaport Securities founder Teddy Weisberg and The Price Futures Group energy analyst Phil Flynn discuss value in a ‘choppy’ market on ‘The Claman Countdown.’
The U.S. stock market is getting whipsawed as President Biden's second year in office gets underway.
The Nasdaq composite slipped into correction territory midweek, down 10% from its peak, as the Dow Jones Industrial Average and S&P 500 continued to retreat from record levels through Thursday.
THE ECONOMY DURING BIDEN'S FIRST YEAR
As for the performance of equities in Biden’s first year in office, all three of the major benchmarks rose. However, his returns lag both Donald Trump and Barack Obama in their first years as Biden faces headwinds amid record-high inflation and with an uneven economic recovery from the COVID-19 pandemic.