History Says There Are $8.3 Trillion Reasons the Trump Bull Market Is on Thin Ice
Investors are piling into safe-haven assets at a historically worrisome pace.
Overview
Although the stock market has advanced under most presidents, the annualized returns of the iconic Dow Jones Industrial Average (DJINDICES:^DJI), benchmark S&P 500 (SNPINDEX:^GSPC), and innovation-driven Nasdaq Composite (NASDAQINDEX:^IXIC) are higher with President Donald Trump in the White House than under most other presidents.
During Trump's first term, the Dow, S&P 500, and Nasdaq Composite gained 57%, 70%, and 142%, respectively. His second, non-consecutive term has delivered an encore performance, with the Dow, S&P 500, and Nasdaq rallying 22%, 28%, and 34% through the closing bell on Sept. 2.
The stock market has thrived under President Trump. Image source: Official White House Photo by Andrea Hanks, courtesy of the National Archives.
Details
Source
Originally published at www.fool.com.
Related Articles
- Oil prices hit near seven-week highs, before edging lower, as Iran plans to increase control of Hormuz
- A Once-in-a-Generation Market Warning Just Flashed. What History Says Happens Next.
- SpaceX Stock Is Down 34% From Its High. History Suggests a $10,000 Investment Will Be Worth This Much by Mid-2027.