The S&P 500 has returned more than 50% since President Donald Trump was elected, more than double the average market return of presidents three years into their term, according to data from Bespoke Investment Group.In 2020, Trump will have to eek out about a 6% gain in the S&P 500 to beat the average presidential return.President Donald Trump's stock market stacks up well against the majority of his presidential predecessors.
Despite being plagued by a volatile U.S.-China trade war, 2019 has been a year of all-time record highs for the major stock averages. Thecrossed 3,200 for the first time ever last week, hitting its seventh round-number milestone of 2019. While business investment slumped due to uncertainty surrounding the world's two largest economies, public market investors remained confident putting money into stocks.
Trump's third year is above average, but not the best of any past president. Just in 2013, former President Barack Obama's stock market returned more than 32%, as the economy bounced back from the Great Recession. Stocks are up in year four more than 66% of the time and the S&P 500 returns an average of 5.7%, according to Bespoke.
Only on paper!
The stock market has nothing to do with the GDP
There is only one phenomena that goes up without ever falling backwards. The stock market is not that case. When the time comes it will be fast and furious. So who will hold on to take the ride back downhill? AND will Trump take the fall?
HHHAHAHAHAHHAHAH NOTING TO DO WITH HIM !
That's fine but only one measure of success for the rich. We need better measures that impact everyone in society such as access to healthcare education equality etc. Tired of this old tune when we know income disparity is getting worse
That's what happens when the president does not get dictated too by people like Schumer and Pelosi.
Never had a Pres who let business+Wall St do anything they please; rules, norms, laws & natl debt no longer apply. Never had a Pres who when stock futures look bad tweets lies about how great China talks are going. Curtain gets pulled back, Wall St will crumble, there'll be ruin.
It is totally unfair to call this “Trumps” market rally....it started with Obama’s presidency and Trump likes to take all the credit for something that he did not create.
😱 shocked the fake news agrees!
So is his deficit.
That’s not true, check the S&P 500 for each year. My records indicate Clinton 1995-37.6%, 1997-33.6%, 1998-26.7%,Obama 2009-23.5%, 2013-29.6%, Trump 2019-29.2% so far. Trump had 2018 negative 6.2%. All figures are without dividends.
A non-stop money printing fed will do that.
His tweets sound like insider trading. I guess that’s okay as long as they keep making money.
With overnight repo money being the gas on the fire to sustain the phony rally. QE forever for no real reason.
You forgot he tanked it last year with his illegal trade war.
fakenews
I've watched my account rise 200k this year in my stock portfolio. Can any middle class family in America say they got that much of a raise in their job? The idea that someone making 30k a year got a 700 dollar raise from their tax cut and is better off, is the great scam.
Sure by ignoring the deficit, destroying the environment by removing clean air/water regulations and controlling the FED, of course the market will continue moving up. But these multiples are not sustainable nor are they realistic and when she blows, it will be spectacular.
Until it doesn't. Everyone knows it's all hyper-inflated garbage.
Ok. Now do the deficit.
Yeah. This is easy when you start with a booming economy and at least don’t screw it up. Thankfully, unlike in his business life Trump, who started life on third and believed he’d hit a triple, hasn’t done that, but based on his track record and record debt, there’s still time.
Try pumping in a trillion dollars of free tax scam money that's coming out of the budget
First of All, it's not his rally. He's taking money over and under the table from someof the richest wealthiest investors in the World. They control the Market. But, keep talking enough ppl buy into that enormous LIE! Food chain is at risk and oh what else, American Currency!
What a crap article. The article gives Trump an extra 10% upside by measuring from Election Day and not when Trump became President, and goes to great lengths to barely mention Obama at all. Here’s the truth. Market at this point in Obama first term returned 11% more than Trump.
Look what happens when you create a trillion dollar deficit and allow the wealthiest to make even more money by propping up the market. But how does this improve infrastructure, healthcare, and education for the country as a whole?
he will crash it also. the market upturn is fake and based on lies.
What goes up, must come down.
I’m implore people to sell US equities today - lock in those BS gains which are going to disappear in the first quarter of 2020. It’s going to be a long overdue and hard drop of at least 20% across the board.
This market is going to crash like there is no tomorrow. The Shiller P/E ratio is absurdly high; in fact the 3rd highest its been periodically since 1870. Trump is as guilty as those he bitches about spreading fake news cause his administration is doing the same dam thing.
I note they dropped out the 230% or better expansion of the stock market under Coolidge.
GDP growth dropped 50% from 2018 to present. The FOMC & Central banks around the world continue to play Jesus with monetary policy releasing record amounts of stimulus AGAIN. The US labor market began turning over in July & US household spending is tanking. Major crash coming.
No wonder stocks are rallying as the Fed pumped ever more money into the system and Federal debt has risen faster than ever. An ill fated 'post-industrial services economy'. A Voodoo economy.
Now propped up with 60 billion in 'Not QE.' Because doesn't a great economy need the Fed to keep printing money?
Rebuild our factories Biden and Obama tore our beautiful factories down in St. Louis sending our 43,000 St. Louis Jobs to Mexico and Canada Chrysler builds new plant in Detroit on Trumps watch!!!
To whom does this benefit? Top 20$...larger gap for average and low incone because the trickle down froze at the top.
He is also surpassing all others debt increases as well. But he has no other options. There are no solutions. Without massive government debt...it's game over.
But no other presidents manipulated it. So trump doesnt deserve credit. Its a crime.
Yeah well everybody thought the economy was doing well when the housing market crashed to. All it really means is that businesses are making money which makes sense when you give them a huge tax cut.
Thank God for the Repo money flooding into the stock market!
thedomains realDonaldTrump Yess👍👍👍
National debt has increased from $19 trillion to $23 trillion and growing. FED has increased balance sheet to larger than during Great Recession...largest in history to $4.5 trillion. It's pumped up but unsustainable. Will it last to 2020 elections? It will be close.
Obama had better returns
Has the Tea Party gone underground?...Fiscal Conservatives no longer on the front burner...$23 Trillion and growing.
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But I thought the market was supposed to collapse immediately under his watch? And he was going to start a nuclear war, with his finger twitching on the button!🤤🤤🤤 Nothing. Stock market highs, unemployment lows......good try, media👌🏼
what else do you expect when money is given out so freely to pump the central banker ponzi? the stock market is a private party for the white house insiders, and you’re not invited!!!! 😂😂😂😂😂😂
alikhedery But it's not outpacing most countries' stock markets. He's reaping the gains of Obama's and world's anti-Great Recession efforts. Here are the numbers.
Sounds like a big ole bubble...
80% of Americans don't own stocks.
Waiting for the inevitable correction
The Federal Reserve created this market.
You spelled Federal Reserve wrong.
Its a hoarders market built on greed.
So what?
No raczej nie..
S&p 500 only means the wealthy are doing great. It has nothing to do with regular people who are struggling to pay bills and some having to get a second job. Example is the US deficit isn't going down and was up 21% last year.
MAGA2020
3-person family w/income between $0-$30K per year is considered poor/near-poor. A family earning between $30K & $50K is considered lower-middle class. I'm widowed, living on less than $25K. WHERE'S MINE? ONLY RICH GETTING THEIR'S. AGAIN, WHERE'S MINE?
Uhm, that's probably because he juices the market with tweets about trade negotiations with China that never actually wind up being true, and don't forget about the fact that he's also doubled our deficit 👇🏼but I guess that's only an issue when a Democrat is in the WH though?
Mean reversion has always been right, regardless who is in the White House. If it's too good to be true, it has to be fake rally. Only history can tell.
We had a pretty good 'rally' on the Nasdaq in 99/2000. Lets not forget the 'great rally' of 1929 either!
No surprise, when you give away taxes and rebates to corporations, screw the environment and citizens with deregulation, allow repatriation of billions parked overseas at low tax rates, and deny climate change. But dishwashers and toilets..... drainthetrump
So is his debt.
try finding a stock that does not look over valued. anything that is has a reason to be in the dumpster. earnings need some juice or the party is over.
What do you mean trumps? He is your puppet 🤷🏽♂️
I can look rich by maximizing my credit cards
In an effort to create Stock Market records, tax cuts implemented, billions given to farmers and tariffs put on China so some could get rich off the updates on negotiations, yet the deficit rising faster than ever before, farmers going bankrupt and economy slowing. Pathetic!!!
You mean the “ECB’s stock market rally”?
Rally? Looks like a bubble to me. Everything hugely over-valued. Enjoy your illusion of big wealth gains while they last. At some point you know they’re going to fall off the cliff. The climate catastrophe is coming for us all.
Why does Trump and CNBC not support Tesla a hugely successful American business? Oil? Killing our children? Killing our planet? For what? Greed! Trump is a climate terrorist killing many across the World.
IN DO TIME
It doesn’t have anything to do with any president
So is Trump DEBT let’s discuss that So is Trump wealth disparities let’s discuss that So is Trump lack of tax revenue let’s discuss that Stock market is paper wealth if you aren’t old enough or rich even to cash in yet
And he did it with his BARE hands! 💩
When this Ponzi scheme cracks, we are in for a world of hurt.
I wish someone would ask his klan at his hate rallies how much their stock accounts are worth?
GUESS WHO'S PROFITING FROM THE STOCK MARKET. IT SURE AS HELL ISN'T THE WORKING PEOPLE.
That’s because he knows stuff ... trust me!
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But will he get us a $5Trillion budget surplus like Bill Clinton, hardly! This is all debt fueled!!!
Lol. Looks like someone forgot to read up in their ludwig von mises books in high school
For now....the hubris is unbelievable
He did say it would be a rocket.
He bankrupted 6 time , US stock market will his 7th .
Not everyone can afford stocks. Record retail stores have declared bankruptcy. Now that matters.
It is more crazy than 2008
That's good for the RICH... BUT the average American does not own that many stocks if any at all. When is he going to help the middle class and low income families in this country instead of catering to the 1% ?
Thanks President Obama. Your incredible recovery after the mess of 2008 has enabled all this to happen. Here’s hoping this idiotm doesn’t leave another mess for a Democrat to clean up.
Deficit skyrockets. Hellooooo.
I wonder what the hangover from this will be like if he is not elected in 2020. The US has never had a President who has pumped the market in the fashion Trump has, at times being 'economical with the truth'.
It's a free market. By saying it's 'Trump's' stock market, you are implying he has control over it. If you are willing to concede he controls it, this means he manipulates it, and you're right, he does. If he manipulates it, the SEC should investigate that, and it's impeachable.
Conversely, what’s happening to the national deficit
Wall Street loves Impeachment!
I'm all for a strong market - but at what cost?
TrumpLandslideVictory2020