{"id":2381413,"date":"2024-12-18T12:45:00","date_gmt":"2024-12-18T17:45:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-administration-hits-stock-market-losing-streak-not-seen-since-jimmy-carter-check-your-portfolio\/"},"modified":"2024-12-18T12:46:39","modified_gmt":"2024-12-18T17:46:39","slug":"biden-administration-hits-stock-market-losing-streak-not-seen-since-jimmy-carter-check-your-portfolio","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-administration-hits-stock-market-losing-streak-not-seen-since-jimmy-carter-check-your-portfolio\/","title":{"rendered":"Biden Administration Hits Stock Market Losing Streak Not Seen Since Jimmy Carter: Check Your Portfolio"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-administration-hits-stock-market-losing-streak-not-seen-since-jimmy-carter-check-your-portfolio%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2381413&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Under President Joe Biden&#8217;s governance, \u2064the Dow Jones Industrial Average experienced a notable decline, marking its <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/summer-of-pain-tech-stocks-see-worst-losing-streak-since-dot-com-bubble\/\" title=\"\u2018Summer Of Pain\u2019: Tech Stocks See Worst Losing Streak Since Dot-Com Bubble\">worst losing streak<\/a>\u200c since February 1978, which was during President Jimmy Carter\u2019s term.Criticism \u2064has emerged stating that Biden\u2062 may surpass Carter as one of \u200bthe least effective U.S. presidents. Despite fluctuations in the\u200d stock market not directly indicating\u200b presidential performance, comparisons have been drawn too the \u200crobust market under former President Donald\u200c Trump, which \u200csaw a meaningful rally following his election victory. In\u200d contrast, many Americans are currently struggling with inflation,\u2063 leading to a prevalent \u2064belief that the economy will improve under Trump&#8217;s potential return to\u200b office. A recent CNBC poll indicates that 46% of Americans expect economic enhancement\u200b with trump, whereas only 25% believe the economy is faring well under Biden. The article emphasizes this sentiment, suggesting that \u2063many\u200d feel more financially secure under Trump&#8217;s leadership.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><script>console.log(\"ad slot (REP_0)\")<\/script><\/p>\n<p>Under Joe Biden&rsquo;s failed presidency, the Dow Jones Industrial Average fell for the <a href=\"https:\/\/amzn.to\/3YuVZYV\">ninth consecutive trading day<\/a> on Tuesday &mdash; its worst losing streak since February 1978, when Jimmy Carter was in office.<\/p>\n<p><a href=\"https:\/\/www.westernjournal.com\/bidens-statement-wisconsin-christian-school-shooting-contains-two-major-problems\/\" target=\"_blank\" rel=\"noopener\">Biden<\/a> is now on track to break Carter&rsquo;s dubious record and will undoubtedly go down as one of the worst presidents in American history.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">BREAKING &#128680;: Dow Jones Industrials<a href=\"https:\/\/twitter.com\/search?q=%24DJIA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DJIA<\/a> has declined for 9 straight days, its longest losing streak in almost half a century <a href=\"https:\/\/t.co\/fw9ERSPx4p\">pic.twitter.com\/fw9ERSPx4p<\/a><\/p>\n<p>&mdash; Barchart (@Barchart) <a href=\"https:\/\/twitter.com\/Barchart\/status\/1869134250462822421?\">December 17, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>While stock market fluctuations don&rsquo;t necessarily reflect presidential leadership or the economy as a whole, the Dow was generally robust under President-elect Donald Trump, despite being torpedoed by pandemic-induced business shutdowns.<\/p>\n<p> <script type=\"text\/javascript\"> \t\t\tif ( getCookie( \"ff_subbed\" ) ) { \t\t\t\tdocument.getElementById(\"stnvideo\").remove() \t\t\t} \t\t<\/script> <\/p>\n<p>As a reminder, the Dow rocketed to an all-time high the day after <a href=\"https:\/\/www.westernjournal.com\/election-finally-now-trump-faces-new-problem-threatens-america-first-agenda\/\" target=\"_blank\" rel=\"noopener\">Trump<\/a> won the election, soaring more than 1,200 points, or 2.8 percent.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">BREAKING &#128680; The U.S. stock market has hit an all-time high as investors flood the market on Trumps Victory. <a href=\"https:\/\/t.co\/wLzsfqtuql\">pic.twitter.com\/wLzsfqtuql<\/a><\/p>\n<p>&mdash; The Patriot Oasis&trade; (@ThePatriotOasis) <a href=\"https:\/\/twitter.com\/ThePatriotOasis\/status\/1854176537106358504?\">November 6, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Dow has since settled, but it&rsquo;s not surprising that this latest downturn is occurring during the final weeks of Biden&rsquo;s disastrous tenure.<\/p>\n<p>You don&rsquo;t have to be an economist to see that many Americans are struggling amid the crushing inflation that has become emblematic of the Biden presidency.<\/p>\n<p>Predictably, left-wing media outlets are disingenuously trying to blame the recent market tumble on Trump even though he&rsquo;s not in office yet.<\/p>\n<p>However, it&rsquo;s undeniable that Wall Street is bullish over the prospect of a second Trump term, which promises to usher in a new era of American prosperity.<\/p>\n<p>Exhibit A:&nbsp;On Monday, SoftBank CEO Masayoshi Son pledged a <a href=\"https:\/\/www.westernjournal.com\/trump-secures-100-billion-win-america-even-takes-office\/\" target=\"_blank\" rel=\"noopener\">$100 billion investment<\/a> to create 100,000 U.S. jobs over the next four years, citing optimism over a Trump economy.<\/p>\n<p>&ldquo;My confidence level to the economy of the United States has tremendously increased with his victory,&rdquo; Son said<\/p>\n<p>&ldquo;President Trump is a <a href=\"https:\/\/english.kyodonews.net\/news\/2024\/12\/58f1b3073f09-update2-softbank-ceo-son-with-trump-vows-100-bil-investment-in-us.html\" target=\"_blank\" rel=\"noopener\">double-down president<\/a>. I&rsquo;m going to have to double-down.&rdquo;<\/p>\n<p>Son&rsquo;s &ldquo;double-down&rdquo; remark was a reference to the $50 billion investment he made in the U.S. economy in 2016, when Trump was first elected.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">&ldquo;My confidence level to the economy of the United States has tremendously increased with his victory&rdquo; <a href=\"https:\/\/twitter.com\/SoftBank?\">@SoftBank<\/a> CEO Masayoshi Son<\/p>\n<p>AMERICA IS BACK! <a href=\"https:\/\/t.co\/Pj11cGxYXC\">pic.twitter.com\/Pj11cGxYXC<\/a><\/p>\n<p>&mdash; Margo Martin (@margomartin) <a href=\"https:\/\/twitter.com\/margomartin\/status\/1868695611517899086?\">December 16, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Indeed, a new CNBC poll showed that a whopping 46 percent of Americans believe the economy will improve under Trump.<\/p>\n<p>Meanwhile, a dismal 25 percent of Americans say the economy is good under Biden, while 73 percent it&rsquo;s poor.<\/p>\n<div class=\"firefly-embed\"> <iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/P5SeXHKnT3A?si=e7zUvkwZdv8LrME1\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/div>\n<p>Regardless of how the stock market performs or what the &ldquo;experts&rdquo; say about the economy, just ask yourself if you were better off under Trump than you are under <a href=\"https:\/\/www.westernjournal.com\/biden-administration-give-unprecedented-15-billion-climate-change-handout-california-company-report\/\" target=\"_blank\" rel=\"noopener\">Biden<\/a>.<\/p>\n<p>For most Americans, the answer is clear: They were better off financially under <a href=\"https:\/\/www.westernjournal.com\/trump-launch-lawsuit-pollster-behind-famously-incorrect-poll-opinion-fraud\/\" target=\"_blank\" rel=\"noopener\">Trump<\/a> and are similarly bullish over the near future.<\/p>\n<p>But then again, could things really get much worse than they were during the past three-and<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ex-trump-aide-paul-manafort-cant-be-prosecuted-in-new-york-following-pardon-court-rules\/\" title=\"Ex-Trump Aide Paul Manafort Can\u2019t Be Prosecuted in New York Following Pardon, Court Rules\">-a-half years<\/a> under Biden?<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! ( opts[inputs[i]]=document.querySelector( '.entry-submit-correction [name=\"' + inputs[i] + '\"]' ).value ) ) { \t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .required-message' ).style.display='block'; \t\t\t\t\t\treturn; \t\t\t\t\t}  \t\t\t\t\tdocument.querySelector( '.entry-submit-correction input[type=\"submit\"]' ).style.display='none'; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).src=firefly_loading_gif_url; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='inline-block';  \t\t\t\t\tconsole.log( 'ma subbing' );  \t\t\t\t\tif( firefly_post_id ) opts['post_id']=firefly_post_id;  \t\t\t\t\t\/* Send the data using post with element id name and name2*\/ \t\t\t\t\tvar posting=jQuery.post( firefly_ajax_url, opts );  \t\t\t\t\t\/* Alerts the results *\/ \t\t\t\t\tposting.done( function( response ) { \t\t\t\t\t\tif( response.success ) { \t\t\t\t\t\t\tconsole.log( response.data ); \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='none'; \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-confirm' ).style.display='block';  \t\t\t\t\t\t\tdataLayer.push( { 'event': 'submit-correction' } ); \t\t\t\t\t\t} \t\t\t\t\t}); \t\t\t\t}); \t\t\t} \t\t<\/script> \t     \t\t\t\t\t\t     \t\t\t\t\t<\/div>\n<p style=\"border: 1px solid #f5f5f5; padding: 16px;\">Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. <a href=\"https:\/\/www.westernjournal.com\/advertise-us\/?wj_source=article\">Advertise Today<\/a>.<\/p>\n<p><script>console.log(\"ad slot (BA1)\")<\/script> \t\t<\/p>\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<style> \t\t\t \t\t\t.insticator-unit.type-commenting{margin: 0 10px 25px 10px}@media screen and (max-width:1060px){#div-insticator-ad-cmt-1, #div-insticator-ad-cmt-2, #div-insticator-ad-cmt-3, #div-insticator-ad-cmt-4{margin: 0 auto 25px auto !important;}}#div-insticator-ad-cmt-1, #div-insticator-ad-cmt-2, #div-insticator-ad-cmt-3, #div-insticator-ad-cmt-4{height: 280px !important; width: 336px !important} \t\t<\/style>\n<div class=\"insticator-unit type-commenting\">\n<div class=\"insticator-ads\"> \t\t\t\t \t\t\t\t \t\t\t\t<script data-cfasync=\"false\" type=\"text\/javascript\"> \t\t\t\t\tif ( ! getCookie( \"ff_subbed\" ) ) { \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-1\"); \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-2\"); \t\t\t\t\t} else { \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-1\").remove() \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-2\").remove() \t\t\t\t\t} \t\t\t\t<\/script> \t\t\t<\/div>\n<div class=\"insticator-ads additional\"> \t\t\t\t \t\t\t\t \t\t\t\t<script data-cfasync=\"false\" type=\"text\/javascript\"> \t\t\t\t\tif ( ! getCookie( \"ff_subbed\" ) ) { \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-3\"); \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-4\"); \t\t\t\t\t} else { \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-3\").remove() \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-4\").remove() \t\t\t\t\t} \t\t\t\t<\/script> \t\t\t<\/div>\n<\/p><\/div>\n<\/section>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>During Joe Biden&#8217;s troubled presidency, the Dow Jones Industrial Average experienced its ninth straight day of decline on Tuesday, marking its longest losing streak since February 1978 under Jimmy Carter. Biden is poised to surpass Carter&#8217;s unfavorable record and is likely to be remembered as one of America&#8217;s least effective presidents. While stock market changes don&#8217;t always reflect presidential performance or the overall economy, the Dow thrived during Donald Trump&#8217;s presidency despite setbacks from pandemic-related shutdowns. Following Trump&#8217;s election victory, the Dow surged over 1,200 points in a single day. Although it has since stabilized, this recent downturn coincides with the final weeks of Biden&#8217;s administration. Many Americans are feeling the impact of significant inflation associated with Biden\u2019s leadership. Left-leaning media outlets are attempting to attribute this market decline to Trump even though he is not currently in office; however, Wall Street appears optimistic about a potential second Trump term that could lead to renewed economic growth. For instance, SoftBank CEO Masayoshi Son recently announced a $100 billion investment aimed at creating 100,000 jobs in the U.S., expressing increased confidence in a Trump-led economy based on his previous $50 billion investment after Trump&#8217;s first election win. A recent CNBC poll indicates that 46% of Americans believe the economy would improve under Trump compared to only 25% who view it positively under Biden; meanwhile, 73% consider it poor now. Ultimately, many Americans feel they were better off financially during Trump&#8217;s presidency and remain hopeful for improvement ahead\u2014raising questions about how much worse conditions could become under Biden\u2019s leadership over these past three-and-a-half years<\/p>\n","protected":false},"author":1,"featured_media":2381414,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/12\/Carter-v-Biden.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[32502,35907,47048,47049,35133],"class_list":["post-2381413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-biden-administration","tag-jimmy-carter","tag-losing-streak","tag-portfolio-check","tag-stock-market"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/12\/Carter-v-Biden.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2381413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2381413"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2381413\/revisions"}],"predecessor-version":[{"id":2381418,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2381413\/revisions\/2381418"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2381414"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2381413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2381413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2381413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}