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Trump brings luck to the stock markets: 58 percent price increase during his term in office
With Trump as an ally, the stock market is experiencing hope. His focus on economic policy and companies brought the share price up 58%. What does this mean for America? Find out.
Trump brings luck to the stock markets: 58 percent price increase during his term in office
As we all know, it's what comes out on the stock market that counts, and while some may be skeptical, Donald Trump's term as president has led to a significant increase in stock prices. With a share price increase of 58 percent, he was able to show a positive balance that surpassed many of his predecessors. During his term in office, Trump placed a strong focus on economic policy, which was met with approval in parts of the business community. He sought optimal conditions for companies, gave them competitive advantages and reduced taxes, which had a positive effect on the stock markets.
While Trump focused primarily on the wants and needs of companies and entrepreneurs from the old economy, the tech world of Silicon Valley, a Democratic stronghold, remained rather alien to him. Still, his focus on stock prices and economic developments was unmistakable. Trump shows a clear preference for the well-being of America, its economy and the creation of jobs in the country.
Although Trump is sometimes perceived as unpredictable because he can change his mind, many stock market traders consider him an ally of the stock markets. As long as quarterly balance sheets are positive and interest rates remain low, many investors will find comfort in Trump's pro-business policies. Despite possible criticism of the president's strategic foresight, stock marketers appreciate his support for the stock markets and the economy. Overall, Trump shows himself to be an ally for the stock markets and someone who keeps the well-being of the US economy in mind.