How did the election and Donald trump affect the stock market.
I know I can just Google it but I cant seem to find the exact paragraph that explains it. Please help me.
God Bless, Kait
This chart tells the story.
http://www.infomine.com/investment/stock-markets/indexes/gsptse/6-month/
I have to explain it though not give a graph.
Something simple but not too wordy nor hard to understand
You should be able to sum up that graph in one sentence.
Hello Kait! I'd be happy to help explain how the election and Donald Trump affected the stock market.
Firstly, it's important to note that the relationship between elections and the stock market can be complex and influenced by various factors. However, in the case of Donald Trump's election, the stock market initially reacted positively.
1. Research historical market data: To understand the impact, you can start by researching historical market data during the time of Donald Trump's election in November 2016. This will allow you to analyze the market trends and how they were affected.
2. Consider policy proposals: During Trump's campaign, he made several policy proposals that were seen as pro-business, such as tax cuts, deregulation, and increased infrastructure spending. Investors believed that these policies would benefit corporations and, therefore, bought stocks, leading to an initial market rally.
3. Infrastructure and defense sectors: Trump's focus on infrastructure spending and his promise to increase defense spending had a positive influence on industries related to construction, manufacturing, and defense. Consequently, companies in these sectors experienced stock price increases.
4. Trade and tariffs: One aspect that impacted the stock market during Trump's presidency was his approach to trade relations and the implementation of tariffs. Changes in trade policies, particularly with China, created uncertainty for investors, leading to market fluctuations as trade tensions escalated or eased.
5. Market reactions to news: It is important to note that the stock market reacts not only to election outcomes but also to news related to policies, economic indicators, and geopolitical events. Throughout Trump's tenure, stock market movements were influenced by both domestic and international developments.
While this explanation provides a general overview, it is essential to conduct further research and analyze specific timeframes, policies, and events to gain a more comprehensive understanding of the relationship between Trump's election and the stock market. Remember to corroborate information with reliable sources to ensure accurate and up-to-date information.
I hope this explanation helps you gain a better understanding. If you have any more questions, feel free to ask!