President Donald Trump Insists, "I Love the Inflation," but He May Soon Be Eating Those Words
There's more to Trumpflation than just higher energy prices.
Overview
Historically, the stock market has endured some of its wildest swings under President Donald Trump. But since the late 1890s, few presidents have overseen higher annualized returns in Wall Street's major stock indexes.
During Trump's first, non-consecutive term, the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 57%, 70%, and 142%, respectively. Outisze returns have continued since the start of his second term in January 2025.
Details
Although the Trump bull market has successfully ridden the artificial intelligence (AI) wave higher, headwinds are mounting, led by inflation. While Trump has been a longtime critic of inflation under the previous administration, he's completely changed his tune about rising prices during his own presidency. He's gone so far as to insist, "I love the inflation."
Source
Originally published at www.fool.com.