The United States Of America Stock Market Since 2017
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It is no brainer that the US stock market has increased since day President elect Donald Trump took power. In fact, on November 8, 2016, pundits and experts predicted that the stock market will take a nose dive if Trump wins the elections. Well, this is another proof to show that the elites, pundits, pollsters, billionaires and even the mass media do not get it.
As the rising tide continues blow across the Atlantic, Trump’s America first message has made a huge change in the US stock market. Then on January 20th, 2017, when Trump was crowned the President of the US, things begin to move in another positive direction nobody ever anticipated. Donald’s tough stance on America first begins to draw new allies and friends across the globe.
On the elections day after Trump won, the stock market struck 20,000, the highest of all time. This trend continues to grow for a space of eleven months. President Trump has been able to draw close to 2.4 million new jobs back into the US. Is this all by his makings? Well, the optimism and enthusiasm of investors begin to loom even until 2018.
The stock market is currently in a new high of around 26,000. With DOW Jones, S&P and other big investors gaining a quick traction, it is evident that President Trump has been able to influence the market. At the moment, new investors like Apple are investing around 350 billion dollars in the US. With more jobs, workers are now experiencing a new paycheck with bonuses from their company. Has the Donald really start making America great again? The numbers will speak for itself.
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Withdrawing the US from the Paris Accord deal, re-negotiating NAFTA and being open to free and fair trade, the US stock market has never been great like this before. The manufacturing industry is experiencing a boom likewise other sectors and departments across the nation. Small business owners have seen actions taken to deregulate draconian laws that stifled their chances of becoming great again. President Trump has signed to overrule regulations against small businesses more than his predecessors.
In December 6, 2017, President Trump declared Jerusalem as the capital of Israel and waited to see reactions from the UN. Trump rose up to the wicked regime in North Korea, codify the Iran nuclear deal, dropped 59 tarmac hawk missiles in Syria and unleashed Moab in Afghanistan, making him the President of all time that the American people elected. Most of his actions have been able to place America back in the world landscape. This helped and contributed to the drastic change and growth of the US stock market.
Still in December of 2017, President Trump gave the people a Christmas gift of signing into law the biggest tax cut in the history of the nation. The tax cut quickly attractive prospective investors and engineered old businesses to get attracted for the US market. With these actions, it is clear that the US stock market has grown with a great optimism and enthusiasm.
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Sources:
https://www.marketwatch.com/investing/index/djia
https://www.marketwatch.com/story/dow-sp-set-to-power-to-fresh-record-on-2017s-last-trading-day-2017-12-29
https://www.cnbc.com/2017/12/29/reuters-america-factbox-u-s-stock-market-performance-in-2017.html