"Trump 2.0" U.S. stocks: the second worst in history
Deutsche Bank pointed out that the current U.S. government may sacrifice short-term market performance and economic growth for long-term goals. This year is the second worst year for the S&P 500 Index in 23 election cycles, second only to 2001. Treasury prices have risen strongly, marking the second strongest increase since Obama's inauguration. The dollar has performed weakly, representing the second weakest period since inauguration day in 1969
Deutsche Bank:
The more you listen to the current U.S. government's opinions, the more you realize that they are prepared to sacrifice short-term market performance and economic growth to achieve long-term goals.
This year has been the second worst year for the S&P 500 Index in 23 election cycles since the presidential inauguration on January 20, 1937. The worst year was 2001, when the stock market accelerated its collapse after the dot-com bubble.
In terms of Treasury bond prices, this rally has been the second strongest since daily data became available in 1965 during the Obama administration.
As for the U.S. dollar, it has been the second weakest period since inauguration day since our daily data began in 1969.
