S&P 500 has surged 50%, while average is only 23%
Got money in a mutual fund? Have a bit of a stock portfolio? Those shares your aunt left you? Even a retirement or pension plan?
You gotta like President Donald Trump.
A report from CNBC explains that the stock markets under Trump stack up "well" against the majority of his predecessors.
"The S&P 500 has returned more than 50% since Trump was elected, more than double the 23% average market return of presidents three years into their term, according to data from Bespoke Investment Group dating to 1928," the report said.
TRENDING: Tennessee bill would finally protect girls sports teams from boys identifying as female
And, further, "The bellwether index gained more than 28% this year, well above the average 12.8% return of year three for past U.S. presidents."
The report said, "Despite the volatility from the U.S.-China trade war, 2019 has been a year of all-time highs for the major stock averages. The S&P 500 crossed 3,200 for the first time ever last week, hitting its seventh round-number milestone of 2019. While business investment slumped due to uncertainty surrounding the world's two largest economies, public market investors remained confident enough to put money into stocks."
(Excerpt) Read more at wnd.com ...
-------------
Click The Pic
Got money in a mutual fund? Have a bit of a stock portfolio? Those shares your aunt left you? Even a retirement or pension plan?
You gotta like President Donald Trump.
A report from CNBC explains that the stock markets under Trump stack up "well" against the majority of his predecessors.
"The S&P 500 has returned more than 50% since Trump was elected, more than double the 23% average market return of presidents three years into their term, according to data from Bespoke Investment Group dating to 1928," the report said.
TRENDING: Tennessee bill would finally protect girls sports teams from boys identifying as female
And, further, "The bellwether index gained more than 28% this year, well above the average 12.8% return of year three for past U.S. presidents."
The report said, "Despite the volatility from the U.S.-China trade war, 2019 has been a year of all-time highs for the major stock averages. The S&P 500 crossed 3,200 for the first time ever last week, hitting its seventh round-number milestone of 2019. While business investment slumped due to uncertainty surrounding the world's two largest economies, public market investors remained confident enough to put money into stocks."
(Excerpt) Read more at wnd.com ...
-------------
Click The Pic