The Dow Jones under Donald Trump
Ryan Detrick (LPL) has some data on inauguration to inauguration returns for each modern President. The outgoing guy’s numbers were pretty good. He should get some credit (tax cuts fueled increased buybacks + dividends), but not as much as the Fed and Treasury’s response to COVID-19. There are always too many variables to credit or debit a President too much for stock market performance… Here’s LPL...
source https://thereformedbroker.com/2021/01/20/the-dow-jones-under-donald-trump/
The post The Dow Jones under Donald Trump appeared first on The Reformed Broker.
source https://thereformedbroker.com/2021/01/20/the-dow-jones-under-donald-trump/
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