JLW
Diamond Member
- Sep 16, 2012
- 16,318
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President Trump has promised to create an age of American exceptionalism with policies that put the United States first, and ahead of other nations.
But Mr. Trump’s moves in the early days of his administration have had the opposite outcome for the American stock market.
The S&P 500, which for years had been soaring above the stock indexes of other countries, is now trailing major markets in Europe and China, as investors have started to pull money from the United States and reallocate it around the world.
Since Mr. Trump’s inauguration, the S&P 500 has fallen 6 percent, while the Dax index in Germany has risen 10 percent and the Europe-wide Stoxx 600 index has gained more than 4 percent. Other U.S. indexes have fared even worse, as European markets have been buoyed by plans for military spending on the continent after Mr. Trump made it clear he wants those nations to do more to protect themselves.
www.nytimes.com
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Just like Trump tanked the economy in his first term, he is doing it again..only a lot faster.. in his second term.
Though Trump is doing a great job boosting the stock markets of China and Europe.
Trump hasn't a clue what he is doing and is rolling dice with our livelihoods and the financial health of the nation.
The man is a disaster....except apparently for overseas markets.
But Mr. Trump’s moves in the early days of his administration have had the opposite outcome for the American stock market.
The S&P 500, which for years had been soaring above the stock indexes of other countries, is now trailing major markets in Europe and China, as investors have started to pull money from the United States and reallocate it around the world.
Since Mr. Trump’s inauguration, the S&P 500 has fallen 6 percent, while the Dax index in Germany has risen 10 percent and the Europe-wide Stoxx 600 index has gained more than 4 percent. Other U.S. indexes have fared even worse, as European markets have been buoyed by plans for military spending on the continent after Mr. Trump made it clear he wants those nations to do more to protect themselves.
Trump’s Moves Are Boosting Stocks … Overseas
For years, the S&P 500 soared above the stock indexes of other countries. But since Trump’s inauguration, it has fallen 6 percent and is now trailing major markets in Europe and China.
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Just like Trump tanked the economy in his first term, he is doing it again..only a lot faster.. in his second term.
Though Trump is doing a great job boosting the stock markets of China and Europe.
Trump hasn't a clue what he is doing and is rolling dice with our livelihoods and the financial health of the nation.
The man is a disaster....except apparently for overseas markets.
