During the year of Trump's presidency, the US stock market grew by $ 6,9 trillion
The US stock market has added nearly 6,9 trillion dollars since Donald Trump was elected president of the United States.
This is almost half of how much the US stock market has grown over all 8 years in office of President Barack Obama, writes Yahoo.
The total capitalization of the US stock market exceeded 30 trillion dollars for the first time, making 18 in January 30,6 trillion dollars.
The market showed the biggest jump after the adoption of the tax reform.
The U.S. stock market peaked in absolute numbers in Trump's first year, but as a percentage, Obama's first year was more successful for the stock market. In the year since Obama's first inauguration, the S&P is up 41%. At the same time, the average annual growth of the S&P for the first year of the presidency of each head of the United States since 1928 was 13%.
In this light, the index of the stock market for the first year of Trump’s presidency is also quite high. He was 23%.
Фото: Depositphotos
For example, the US stock market during the reign of George W. Bush lost $ 3,3 trillion in value, while during the period of the Obama presidency, the market grew by $ 12,3 trillion.
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