E Market Performances Of The Trump Era

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 ...

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William K. 2 weeks 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.