Stocks and Investing
Source : (remove) : News 8000
RSSJSONXMLCSV
Stocks and Investing
Source : (remove) : News 8000
RSSJSONXMLCSV
Tue, November 4, 2025

Trump's undeniable stock market victory that no one saw coming

  Copy link into your clipboard //stocks-investing.news-articles.net/content/202 .. stock-market-victory-that-no-one-saw-coming.html
  Print publication without navigation Published in Stocks and Investing on by News 8000
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source

Trump’s Undeniable Stock Market Victory That No One Saw Coming

The stock market’s performance during Donald J. Trump’s two‑term presidency has long been a point of contention among economists, political pundits, and everyday investors. Yet the numbers speak for themselves: the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite reached new heights that exceeded many analysts’ expectations, and the rally persisted well into 2024. In a recent piece on News 8000, the author argues that this market triumph was not only “undeniable” but also a direct reflection of Trump’s economic agenda, which included sweeping tax cuts, deregulation, trade renegotiations, and a decisive response to the COVID‑19 pandemic.

A Look at the Numbers

The article opens with a stark statistical snapshot. Under Trump, the S&P 500 rose 21 % in 2017, 13 % in 2018, and 28 % in 2019, before dipping 3.5 % in 2020 due to the pandemic. Nevertheless, by the end of 2023 the index had climbed 16 % from its pre‑pandemic level, marking a cumulative gain of 73 % over the first six years of Trump’s tenure. The Dow mirrored this trend, leaping from 24,000 to 35,000 points, while the technology‑heavy Nasdaq surged from 5,500 to 14,000. These gains translated into record market‑capitalisation figures, with the overall U.S. equity market surpassing $50 trillion for the first time in history.

The piece also highlights that, even amid global turbulence—rising inflation, supply‑chain disruptions, and the lingering effects of a U.S.–China trade war—the market remained resilient. For instance, the “Big Three” sectors (financials, energy, and consumer staples) each posted double‑digit growth, while the technology sector, which had been under scrutiny for its valuation, continued to dominate the rally.

Policy Drivers Behind the Rally

Central to the article’s thesis is the assertion that Trump’s policy agenda drove the market’s ascent. The 2017 Tax Cuts and Jobs Act slashed corporate tax rates from 35 % to 21 %, a move the author cites as a catalyst for corporate earnings growth and investor confidence. “Tax cuts directly increase after‑tax cash flow for firms, enabling higher dividends and share repurchases,” the writer notes, drawing on research from the Tax Policy Center and the American Enterprise Institute.

Deregulation also played a key role. The Trump administration rolled back dozens of federal environmental, financial, and labor regulations. The article argues that these cuts reduced compliance costs for businesses, thereby boosting profitability. In particular, the rollback of the “Clean Power Plan” and the easing of water‑right restrictions were highlighted as examples that benefited the energy sector, which saw a 25 % rise in earnings during the first term.

Trade policy was another pillar of the rally. The author cites the renegotiated North American Free Trade Agreement (now the United States‑Mexico‑Canada Agreement) and the U.S.‑China trade negotiations as factors that restored investor confidence. While acknowledging that the trade war created short‑term volatility, the article emphasizes that the eventual settlement and the continued trade dialogue helped the market recover more quickly than expected.

The COVID‑19 Response

No discussion of Trump’s market performance is complete without addressing the pandemic. The article credits the administration’s rapid deployment of the CARES Act, which included direct stimulus checks, expanded unemployment benefits, and small‑business loans, with stabilizing consumer demand and preserving corporate balance sheets. The author also highlights the federal government’s support for the vaccine rollout, noting that a swift return to normalcy underpinned the subsequent “V‑shaped” rebound in 2021 and beyond.

Critics argue that the market’s success during the pandemic was largely driven by unprecedented federal spending rather than any inherent strength in the economy. The piece counters this view by citing studies that show a strong correlation between stimulus and corporate earnings growth. “The fiscal stimulus not only kept businesses afloat but also increased disposable income, which in turn boosted consumer spending—a primary driver of U.S. GDP,” the author writes.

Counterpoints and Long‑Term Outlook

The article does not shy away from counterarguments. It acknowledges that the market’s performance may have outpaced the underlying economy, noting concerns about inflation, a widening income gap, and rising debt levels. It also references recent research from the Federal Reserve that suggests the stock market may have reached a valuation peak relative to GDP. Nonetheless, the writer maintains that the long‑term growth trajectory remains positive, largely due to continued technological innovation and the potential for future policy changes.

The piece concludes with a forward‑looking perspective. While recognizing that the current administration is different, the author suggests that the foundations laid during Trump’s terms—tax structure, regulatory environment, and trade agreements—will continue to influence market dynamics. “If the U.S. maintains a stable macroeconomic environment and leverages the gains from the past decade, the stock market’s upward trajectory may persist,” the article asserts.

Related Coverage

To deepen understanding of the subject, the article links to a series of related pieces:

  1. “Tax Cuts and Market Gains: A Deep Dive” – This link leads to an in‑depth analysis from the Tax Policy Center, providing detailed breakdowns of how corporate tax reductions translated into increased shareholder returns.

  2. “Deregulation and Corporate Profitability” – An investigative report from the American Enterprise Institute that quantifies the cost savings from regulatory rollbacks across various industries.

  3. “The Impact of the CARES Act on Small Businesses” – A research brief from the Small Business Administration, outlining how stimulus funds helped prevent bankruptcies and preserve jobs.

  4. “Inflation, Debt, and the Future of the U.S. Stock Market” – A forecast from the Federal Reserve, which discusses potential risks and scenarios for market valuation in the coming decade.

These linked resources provide additional data and context, reinforcing the argument that Trump’s economic policies—though controversial—left an indelible mark on the U.S. financial landscape.


Read the Full News 8000 Article at:
[ https://www.news8000.com/lifestyle/money/trump-s-undeniable-stock-market-victory-that-no-one-saw-coming/article_56a8b95c-8a1b-54b5-973e-32a3d77ece9e.html ]