Trump, the 45th president of the United States.
According to official data, the 45th President of the United States, Donald Trump, has created the largest market growth in the history of the United States. What is particularly commendable is that Trump has been suffering from heavy hardships during his four years in office, including the Democrats’ investigation, impeachment, and various constraints on him, as well as the attack of the Wuhan virus pandemic, so Trump’s achievement is even more unparalleled and will even become an unbreakable record.
President Trump has experienced the largest market growth in U.S. history during his administration. Never before in the history of the United States has the market grown so rapidly.
Even after the dramatic market decline caused by the Great Communist Viral Plague in early 2020, President Trump managed to turn the economy around and also deliver the largest bear market reversal and the largest bull market growth in history.
Gatewaypundit believes that these accomplishments of President Trump are unmatched for a variety of reasons, and that his records may never be broken.
The site aggregates 8 major records of President Trump in creating market growth.
- President Trump has created two of the largest market growths in history during his administration.
In terms of the Dow Jones, the market rose more than 12,000 points (12,855) from November 8, 2016, when Trump won the election (18,333), to January 20, 2021, his last day in office (31,188). No president in U.S. history has ever seen the Dow Jones increase so much in such a short period of Time.
After the economic shutdown caused by the Great Plague of the Wuhan virus in early 2020, the market sank to its lowest point (18,591) on March 23, and then began to rally under President Trump’s economic regulation, finally hitting 30,000 for the first time in December 2020. The speed of this bear market reversal and bull market growth during the Great Plague is probably unparalleled forever.
2, President Trump set the largest single day gain in Dow Jones history, a single day gain of 2,113 points on March 24, 2020.
3、President Trump set the record for the fastest growth between the Dow Jones growth milestones of 500, 1,000, 2,000, 3,000, 4,000, 5,000, 6,000, 7,000, 8,000, 9,000, 10,000 and 11,000 points.
4, President Trump set the most single-year highs in the history of the Dow Jones, with 71 highs in 2017.
5, For the first year of presidential office in U.S. history, it was President Trump’s first year (2017) that set a market record for new high values ever.
6, President Trump set the record for the largest annual increase in Dow Jones history, up 5,211 in 2019, which was during the Great Plague.
7, President Trump (February 2017) flush with Ronald Reagan (February 2017). Reagan (Ronald Reagan) President (January 1987), set the Dow Jones index 12 consecutive days, each day reached a new high value.
8, from the time Trump won the election on November 8, 2016 to January 20, 2021 to leave the White House, the Dow Jones index increased by 70 percent.
Trump economy and the market in 2017 after the fire growth, in 2018, Jerome B. Jerome Powell and the Federal Reserve (FED) kept raising interest rates, almost hitting the economy hard as they attempted to bring it to a halt.
The Fed kept interest rates at 0% for 7 of the 8 years of Obama’s administration, before implementing a policy of rate hikes on the Trump economy. When the Fed finally lowered interest rates, it led to another upheaval against the Trump economy.
Then, the great Wuhan virus plague hit the U.S. economy in 2020, and in March 2020, the market fell back to the market levels of November 8, 2016, election day. But, once again, President Trump turned the economy around at record speed.
The Webgate expert website commented that President Trump’s economy is the best in U.S. history.
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