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Of course, GDP fell sharply in 2020 when the COVID-19 pandemic hit the economy, but the stock market still delivered exceptionally strong returns during Trump's first presidency.
[25] That month, September 2008, would see record drops in the Dow, including a 778-point drop to 10,365.45 that was the worst since Black Monday of the 1987 stock market crash [26] and was followed by a loss of thousands of points over the next two months, standing at 8,046 on November 17 and including a 9% plunge in the S&P on December 1, 2008.
Donald Trump will inherit a much more expensive stock market in 2025 The S&P 500 had a forward price-to-earnings (PE) ratio of 22.2 as of Dec. 20, according to Yardeni Research.
In the end, Obama won Michigan by a larger-than-expected margin of victory: 57.33% - 40.89%. With Obama winning the state by 823,275 votes, this is the highest Democratic margin of victory in Michigan since Lyndon B. Johnson in 1964, and the highest margin of victory for any presidential candidate since Ronald Reagan's landslide reelection in 1984.
October 14, 2008: Having been suspended for three successive trading days (October 9, 10 and 13), the Icelandic stock market reopened on October 14, with the main index, the OMX Iceland 15, closing at 678.4, which was about 77% lower than the 3,004.6 at the close on October 8, after the value of the three big banks, which had formed 73.2% of ...
Tuesday officially marked President Donald Trump's last full day in office. Investors now have a chance to get some perspective on Trump's term by comparing the impact his policies have had on the ...
Michigan had 16 electoral votes in the Electoral College. [4] In 2016, Trump became the first Republican to carry Michigan since 1988, when George H. W. Bush had scored a decisive nationwide win against Michael Dukakis. [5] Throughout the campaign, Biden touted his work on the auto bailout in manufacturing towns outside Detroit.
However, analysts are split today on whether a Trump 2.0 agenda would be a positive or a negative for the market and the economy. A Trump win could fuel hopes that the Trump tax cuts will be extended.