Stocks & Investing
Stocks and Investing
Stocks and Investing
Thu, November 28, 2024
[ 11:58 PM ] - United States, Thomas Matters
[ 11:58 PM ] - United States, Thomas Matters
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[ 09:21 AM ] - United States, Thomas Matters
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President-Elect Donald Trump Is About to Make Dubious Stock Market History
- Despite beating the odds and becoming only the second president to serve in nonconsecutive terms (Grover Cleveland being the other), President-Elect Donald Trump is set to make dubious stock market history when he takes office for his second term.
The article from The Motley Fool discusses the historical performance of the stock market under President-elect Donald Trump, highlighting the skepticism surrounding his economic policies. It notes that while Trump's first term saw significant market gains, with the S&P 500 rising by about 67% from his inauguration in January 2017 to the end of 2020, this performance was influenced by various factors including tax cuts, deregulation, and a strong economy pre-COVID-19. However, the article points out that Trump's policies, such as trade wars with China and erratic fiscal management, introduced volatility and uncertainty. It also mentions that historical data on stock market performance under different administrations is often misinterpreted, as market movements are influenced by a myriad of global and domestic factors beyond presidential actions. The piece concludes by suggesting that investors should look beyond political rhetoric and focus on broader economic indicators and policy impacts when considering market investments.
Read the Full The Motley Fool Article at [ https://www.fool.com/investing/2024/11/28/president-elect-trump-dubious-stock-market-history/ ]
Read the Full The Motley Fool Article at [ https://www.fool.com/investing/2024/11/28/president-elect-trump-dubious-stock-market-history/ ]
