Speed Reads

Facts and Figures

President Trump's first-year stock market gains actually look pretty middling compared with Obama's

This past year has been a good time to be invested in the U.S. stock market. Just ask President Trump.

Or White House Press Secretary Sarah Huckabee Sanders:

But do you know when else was a good year for U.S. investors? 2009, President Barack Obama's first year in office.

On Thursday, Axios mapped out the S&P 500 gains and losses of the last seven presidents, and while Trump's 18 percent gain is impressive, it's a touch below George H.W. Bush's 19.6 percent increase and less than half of Obama's 36.9 percent first-year gain.

Obama's first year also saw higher gains than Trump's on the Dow Jones Industrial Average and the NASDAQ, though the presidents inherited widely different economies. You can see a larger version of the chart at Axios.