Trump stock market rally is FAR outpacing past US presidents
PUBLISHED THU, DEC 26 20197:12 AM ESTUPDATED AN HOUR AGO
KEY POINTS
PUBLISHED THU, DEC 26 20197:12 AM ESTUPDATED AN HOUR AGO
KEY POINTS
- The S&P 500 has returned more than 50% since President Trump was elected, more than double the average market return of presidents three years into their term, according to Bespoke Investment Group.
- Historically, years three and four garner the highest market returns for U.S. presidents.
- The S&P will have to gain about 6% in 2020 to beat the average presidential return.