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President Donald Trump Claims the Stock Market Will Double by the End of His Term, but History Says Otherwise

History has an uncanny ability to forecast the future on Wall Street.

President Donald Trump Claims the Stock Market Will Double by the End of His Term, but History Says Otherwise

Published August 15, 2026 · Category: Finance

Overview

Statistically, outsize stock market returns have been the norm under President Donald Trump. During his first, non-consecutive term, the timeless Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and technology-powered Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 57%, 70%, and 142%, respectively.

His second term has, thus far, been an encore performance. Despite short-lived bouts of heightened volatility from his initial tariff announcement in April 2025 and the Iran war in March 2026, the Dow, S&P 500, and Nasdaq Composite have rallied 24%, 29%, and 36% since Trump's second-term inauguration.

President Trump expects the good times to continue for Wall Street. Image source: Official White House Photo by Daniel Torok.

Details

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Source

Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.