Biggest rally stock market history

Biggest rally stock market history

Posted: sally Date of post: 07.07.2017
biggest rally stock market history

Blogger Macro Man on Monday noted that the Trump surge is already among the biggest following an election going back more than a century. The data indicated that generally, a new president tends to preside over higher-than-average returns in their first year in office. The market also fared better in the weeks between election day and inauguration under GOP presidencies than Democrats—1.

However, that was followed a little under eight months later by the Crash ofwhich stands as a signpost for the start of the Great Depression. But the statistics overall do suggest that there are limits to what can be read into how the market performs following election day.

How stocks have performed between Election Day and inauguration since Like Macro Man, Joe Abbott, chief quantitative strategist at Yardeni Research, also found the near-term portents encouraging.

Trump rally could mark biggest postelection stock market rise since Hoover - MarketWatch

The benchmark also rose an average 4. Apart from history, the market has few other Trump cards to count on, according to Ed Yardeni, chief investment strategist at the eponymous consultancy.

Sue Chang is a MarketWatch reporter in San Francisco. You can follow her on Twitter at SueChangMW. By using this site you agree to the Terms of ServicePrivacy Policyand Cookie Policy.

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biggest rally stock market history

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Trump rally could mark biggest postelection stock market rise since Hoover - MarketWatch

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biggest rally stock market history

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