Is a Stock Market Crash Imminent Under President Donald Trump? More Than 85 Years of Historical Precedent Offers an Answer.
One scenario makes stock market crashes likelier, and Trump is overseeing it right now.
Overview
What's faster than a speeding bullet, more powerful than a locomotive, and able to leap tall buildings in a single bound? No, it's not Superman. It's the stock market anytime President Donald Trump is in the White House.
During Trump's first, non-consecutive term, the timeless Dow Jones Industrial Average (DJINDICES:^DJI), benchmark S&P 500 (SNPINDEX:^GSPC), and technology-propelled Nasdaq Composite (NASDAQINDEX:^IXIC) rallied 57%, 70%, and 142%, respectively. Since the president's second-term inauguration, these indexes have gained an additional 23%, 28%, and 32%, respectively (as of the closing bell on Aug. 24).
Details
While the stock market typically advances under most presidents, the annualized returns of the Dow, S&P 500, and Nasdaq Composite are higher under Trump than under most presidents since the late 1890s.
Source
Originally published at www.fool.com.
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