True Pundit — November 08, 2017
Dow’s Rally from Trump’s Election Breaks Postwar Records
As America approaches the one-year anniversary of the election of Donald Trump, the Dow Jones Industrial Average is on target to book its best annual performance under a first-term president when measured from Election Day.
The Dow is up by around 29 percent since Trump’s November 8 election victory over Hillary Clinton. That’s the best post-election, one-year performance for a first-term president since Franklin Roosevelt’s in 1932.
The Trump stock market easily beats the first years of his recent predecessors. The election of Barack Obama in 2008 was followed by rise of just 1.8 percent. The stock market declined after George W. Bush’s election in 2000.