The Lehman Brothers would have to also include Bush’s term, and no where near any inaguration. The first term of obama would still have left Trump II looking pretty lonely down there, with a smidge of the fallout from the 2008 meltdown still going down for the first few weeks, but by March it had recovered enough to be above his inauguration numbers. Either Bush term would have kept Trump II company down there indexed from inauguration, which is consistent with the reality that republicans seem to be bad for the economy.
Data is ugly - you skipped the first term of Obama and trump and the Lehman Brothers bankruptcy.
The Lehman Brothers would have to also include Bush’s term, and no where near any inaguration. The first term of obama would still have left Trump II looking pretty lonely down there, with a smidge of the fallout from the 2008 meltdown still going down for the first few weeks, but by March it had recovered enough to be above his inauguration numbers. Either Bush term would have kept Trump II company down there indexed from inauguration, which is consistent with the reality that republicans seem to be bad for the economy.