Is the Trump Bull Market Coming to an End? The Evidence is Piling Up, and the Message is Strikingly Clear.
The S&P 500 just made a very rare move.
Is the Trump Bull Market Coming to an End? The Evidence is Piling Up, and the Message is Strikingly Clear.
Overview
Since President Donald Trump's inauguration, the S&P 500 bull market has been roaring higher, with the index advancing 21% and reaching multiple new record highs. It hasn't been a completely steady path, though: Concerns about U.S. import tariffs and turmoil in Iran, as well as worries about economic growth, have weighed on sentiment and stock performance periodically.
Overall, however, the Trump bull market has prevailed as investors piled into growth stocks, particularly those involved in artificial intelligence (AI). Names such as AI chip designer Nvidia, cloud services provider Alphabet, and memory and storage giant Micron Technology have soared in the double and triple digits. These are the companies that are already monetizing AI, and investors have aimed to get in on these success stories early.
Details
Meanwhile, against this bright backdrop, investors haven't been completely sanguine. With the bull market well into its third year, they've questioned its longevity -- particularly during moments when headwinds have interrupted the momentum. Is the Trump bull market coming to an end? The evidence is piling up, and the message is strikingly clear...
Source
Originally published at www.fool.com.
