Is a Stock Market Crash Looming Under President Donald Trump? History Doesn't Mince Its Words...
When things seem too good to be true on Wall Street, they typically are.
Overview
Statistically speaking, Wall Street has been thrilled to have President Donald Trump in the White House. Although some of the stock market's wildest oscillations have occurred during Trump's tenure, he's also overseen outsize annualized returns.
During Trump's first, non-consecutive term (Jan. 20, 2017 – Jan. 20, 2021), the ageless Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and growth-dominated Nasdaq Composite (NASDAQINDEX: ^IXIC) surged 57%, 70%, and 142%, respectively. Since the start of his second term, it's been an encore performance, with the Dow, S&P 500, and Nasdaq Composite gaining 19%, 23%, and 30%, respectively (as of June 23).
President Trump delivering remarks. Image source: Official White House Photo by Joyce N. Boghosian.
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Originally published at www.fool.com.