Donald Trump’s First 100 Days: Stock Market’s Best-Ever Expansionary Rally

There’s no question: President Donald Trump’s first 100 days have been quite good for the stock market.

They may have even been the best ever. No modern president taking office in an expanding economy has seen stocks rise by as much in his first 100 days in office as they did during Trump’s. And not since the first days of John F. Kennedy’s presidency has a president’s first 100 days been as calm and orderly as the Trump rally.

The S&P 500 is up 5.3 percent since inauguration day on January 20, 2017. That beats the market’s performance during the first 100 days of Presidents Truman, Johnson, Nixon, Clinton, Reagan, Carter, Eisenhower, and George W. Bush, according to the research firm CFRA Research.

Only presidents who took office amid or immediately following a recession can claim to have overseen stronger rally in stocks. The S&P 500 rose 8.4 percent President Barack Obama’s first 100 days, but this was a rally off of a huge market crash. Similarly, the 8.4 percent rally of George H.W. Bush and the 8.7 percent rally of John Kennedy came as the economy was emerging from a recession. The all-time greatest rally came following the Great Depression, when stocks rose 86.5 percent in Franklin Roosevelt’s first 100 days….

Source: Donald Trump’s First 100 Days: Stock Market’s Best-Ever Expansionary Rally

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