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The market moves we've seen since Nov. 5 border on nonsensical, especially in the wake of the interesting cast of characters being put forward by Trump to run key government agencies.
The Biden campaign mocked those comments in response, saying Trump was “desperately trying to take credit for the stock market hitting record highs under President Biden.”
The good news for investors (and Biden) was that the market soon recovered and notched gains throughout 2023. It began breaking all-time records by the end of the year.
In 2020, Trump famously predicted that “the stock market will crash” if Joe Biden became president. Biden did, and equity investors have since turned a handsome profit. Biden did, and equity ...
President Biden long tried to avoid presidential releases touting stock highs. Then came a series of new market landmarks and the opportunity to bait Trump in an election year.
During the first month after Election Day in November, the S&P stock index rose a nifty 5.3%.Investors cheered incoming President Donald Trump, who promised fiscal stimulus in the form of tax cuts ...
In an attempt to give a populist and anti-Biden twist on the new record stock market high, Trump, a self-described billionaire, told a crowd of supporters in Reno, Nevada: "The stock market is ...
In turn, if President Biden’s most likely replacement is perceived to be a weaker candidate against President Trump, we could see a similar move in bond yields and bond prices, Holland said ...