You're conspicuously leaving out Trump 2017...
Also, Biden in 2021 and Obama in 2013 still had lots of room for stock market growth. When Trump came in this year, the stock market was already overinflated to the breaking point.
Also keep in mind how much government spending had propped up the entire economy. The federal deficit under Biden in FY 2024 was nearly twice as high as it was in FY 2019 under Trump. This was an unsustainable path, and Trump/Musk/DOGE ripping the bandaid off was always gonna cause some economic pain.
https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/#us-deficit-by-yearSo those 10% stock market decline aren't even fully caused by trade wars and tariffs, they're partly explained by Trump finally doing the right thing which countless previous administrations didn't dare to do.