Biden's presidency hits new Jimmy Carter administration lows
President Joe Biden's tenure hit a new Jimmy Carter-era low and is closing in on another.
On Tuesday, the Dow Jones Industrial Average fell 267 points or .6 percent down for the ninth straight day in a row - something that hasn't happened since February 1978, when 100-year-old President Carter was in office, CNN reported using FactSet data.
President-elect Donald Trump has often compared Biden and Carter - as both Democratic presidents dealt with inflation and a problematic Middle East during their tenures.
Trump has pushed that they are two of the worst.
'Jimmy Carter's happy because he's had a brilliant presidency compared to Biden,' Trump joked on the campaign trail in April.
Carter only served one term due to losing his 1980 reelection bid to Republican President Ronald Reagan.
Biden dropped his reelection bid in July after a disastrous June debate performance with his successor, Vice President Kamala Harris, losing to Trump in the general election last month.
As Biden nears the end of his term, his poll numbers are closing in on Carter's as well.
President Joe Biden, at the Hanukkah reception Monday, continues getting compared to President Jimmy Carter - with the Dow Jones hitting a Carter-era metric this week
President Jimmy Carter, who's now 100 years old, photographed with then-Sen. Joe Biden in 1978, which was the last time the Dow Jones Industrial Average fell nine days in a row
At this point of his presidency Carter - and also Trump - had dire approval ratings.
Gallup's comparison polling tool shows that both Carter and Trump - who had lost reelection to Biden but was spouting the so-called 'big lie' about his loss - sat at 34 percent approval.
Biden's approval rating stands at 37 percent but is trending downward, so he's likely to leave with the same - or worse - numbers than Carter.
Since he left office four years ago - on the heels of the January 6 Capitol attack - Trump has seen a slow uptick in favorability.
FiveThirtyEight currently has 46.6 percent viewing Trump favorably, with 48.5 percent viewing him unfavorably, his best numbers in several years.
While the perceived sluggish economy hurt Biden - and then Harris' chances - the president is not at fault for the Dow's dip in recent days.
In fact, Trump might have more to do with it.
UnitedHealthcare Group's stock accounts for some of the most significant losses due to the murder of the company's CEO Brian Thompson.
But the stock tumbled more after Trump said Monday at Mar-a-Lago that he would 'knock out' the drug industry's middle man, CNN said.
Despite the recent losses the stock market is still doing generally well.
It's moved up about 1,500 points since last month's Election Day.
The Dow hasn't had a losing streak of more than 10 days since 1974, FactSet data also said, which was during the Ford Administration.
