“This is an honor, a tremendous honor,” Trump said. “Usually, they don’t coordinate the man of the year, or person of the year, with the ringing of the bell. Brilliantly, you picked them both at the same time.”as if they were a testament to his leadership and the policies of his administration. While there are obvious dangers around a president treating the stock market as a measure of his success, Trump’s regard for the stock market is shared by his fellow Americans.
What these numbers make clear is that a super-majority of Americans, across racial and ethnic groups, think the stock market is important. They. Only 15 percent of Americans say what happens in the stock market is unimportant.Perhaps surprisingly, the belief that what happens in the stock market is important is. Forty-nine percent of Americans with incomes under $50,000 say the stock market is very or somewhat important to them.
. It’s a reflection of his populism. While establishment politicians tend to follow the unwritten rule of not explicitly touting a rising market, the populist Trump is willing to embrace the market as a measure of success because he’s on the same page of a super-majority of Americans.Of course, it is easier to use the stock market as a measure of your presidency when it is doing very well. During Trump’s first term, the U.S. stock market experienced notable growth.
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