Market Performances Of The Trump Era

By Mickey Fulp

Monday, February 22, 2021 2:12 PM EDT

Love him, hate him, or frankly don’t give a damn, the four-year tenure of the 45th President of the United States of America Donald John Trump was inarguably good for investors and speculators in the stock market.

I submit that over this period, Trump’s America First agenda was largely responsible for the country’s outsized stock market gains.

We compare the US market indices with other major world bourses below. Index values and percentage gains from Trump’s election day until his defeat for a second term are presented in the table below.

In my opinion, this is a legitimate way to analyze the numbers because stock market indices are forward-looking measures. US equities immediately began their bull market run on the day after Trump’s election on November 8, 2016, and despite a couple of major corrections, continued thru his recent defeat on November 3, 2020.

Only the London Stock Exchange (FTSE Index) outperformed the four major US markets. The next best was Japan’s NIKKEI average, which matched our worst-performing index, the small-cap Russell 2000:

(Click on image to enlarge)

The boisterous markets have accelerated over the past 11 weeks. In my opinion, this can be mostly attributed to the anticipated economic stimulus of our foundering economy by a new governing regime with a drastically different political agenda.

Happy, sad, or indifferent to the American election results; bullish, bearish, or middling regarding America’s economic situation; positive, negative, or neutral with respect to our treasured American way of life, I opine that we must conclude:

The past four years have produced remarkable returns indeed for the pocketbooks of average American investors and stock market speculators alike.

Disclaimer: I am not a certified financial analyst, broker, or professional qualified to offer investment advice. Nothing in any report, commentary, this website, interview, and other content ...

Disclaimer: I am not a certified financial analyst, broker, or professional qualified to offer investment advice. Nothing in any report, commentary, this website, interview, and other content constitutes or can be construed as investment advice or an offer or solicitation or advice to buy or sell stock or any asset or investment. All of my presentations should be considered an opinion and my opinions may be based upon information obtained from research of public documents and content available on the company’s website, regulatory filings, various stock exchange websites, and stock information services, through discussions with company representatives, agents, other professionals and investors, and field visits. My opinions are based upon information believed to be accurate and reliable, but my opinions are not guaranteed or implied to be so. The opinions presented may not be complete or correct; all information is provided without any legal responsibility or obligation to provide future updates. I accept no responsibility and no liability, whatsoever, for any direct, indirect, special, punitive, or consequential damages or loss arising from the use of my opinions or information. The information contained in a report, commentary, this website, interview, and other content is subject to change without notice, may become outdated, and may not be updated. A report, commentary, this website, interview, and other content reflect my personal opinions and views and nothing more. All content of this website is subject to international copyright protection and no part or portion of this website, report, commentary, interview, and other content may be altered, reproduced, copied, emailed, faxed, or distributed in any form without the express written consent of Michael S. (Mickey) Fulp, MercenaryGeologist.com LLC.

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William K. • 3 years ago • Member's comment

What I see as certain is that the federal reserve folks were given instructions to help Mister Trump's friends in the financial sector. Which is not where I live, by the way.

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