“The Claiman Countdown” panelists Jason Katj and Phil Camporil analyzed the economic moves of President Donald Trump.
chairman Donald Trump’s The second presidential post has reached its 100-day later milestones, and the stock market performance is the second worst in the last 80 years.
S&P 500 According to an analysis by the CFRA, the index recorded a decline of 7.9% in the end of the last week before the 100-day mark from the inauguration day to 25 April to 25 April. In comparison, during Trump’s first term in 2016, the S&P 500 office was 5% above its first 100 days.
This decline is the second biggest decline in the first 100 days of the presidential post, which overtakes the stock slide seen at the beginning of the second term of President Richard Nixon in 1972, when S&P 500 was below 9.9%.
Since 1944, seven presidential terms have begun with S&P 500, which decreases in the first 100 days, while 14 presidential positions have increased during those periods. President George W. in 2004. Trump’s second term is the first presidential post to see the market fall during the first 100 days after Bush’s second term, when S&P 500 was below 1.6%.
First 100 days in President Trump’s office: How is inflation?
The performance of S&P 500 in the first 100 days of Trump’s second term is the second worst in administration after World War II. (Through Francis Chung/Politico/Bloomberg Getty Image)
President’s administration under S&P 500 performed the best Was in 1944, when Franklin D. Roosevelt, who died on 12 April that year, and his successor, Harry Truman, in the office. S&P 500 was 10.4% in that 100-day period.
Other notable benefits in the first 100 days of the presidency John F. Under Kennedy (+8.9%), Joe Biden (+8.5%) and Barack Obama (+8.4%).
Since World War II, the only Republican President was to see positive performances in S&P 500 during both his presidential presidents. Ronald ReaganWho saw the profit of 0.9% and 5% in the first 100 days of his first and second words respectively.
Consumer confidence reached a 5 -year low in April
Trump announced a “mutual” tariff policy based on bilateral trade deficit as part of its “Mukti Divas” declaration at the White House Rose Garden. (Chip Somodeville/Getty Images)
The CFRA report states that “the possibility of investors is more than the next 100 days and whether the results of the first or the next 100 days were forecast for the full year’s returns.”
“Since again since WWII, the S&P 500 increased an average of 3.2% on the next 100 days and was 65% more of the time,” wrote by CFRA’s main investment strategist Sam Stovol. He said that “the first 100 days resulted in a profit of average full-year 21.1%in the first 100 days,” but, on the contrary, “below-age 100 days saw a full-year decline of 5.5%in the first 100 days.”
For the next 100 days, an up-to-average decline resulted in a profit of 22% full-year, while the average decline of 3.7% was seen in the bottom-authentic returns, he said.
Tariff-inspired price hike, business concerns highlighted in Fed’s beige book
Trump’s administration is interacting with several business partners on business deals. (Jeet McCamy/Getty Image)
Financial markets have experienced a high level of instability amid trump’s efforts to reset global trade flow. Wide tariff On trading partners.
Uncertainty about Tariff duration And the possibility of moving forward, as well as the possibility of disintegration due to the recession, continues to weigh the markets as the administration begins interaction with other countries.
In his speech for a joint session of Congress in early March, Trump said that the disintegration caused by his tariff would be worth it for the US economy in the long run.
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Trump said, “Tariffs are about making America rich and making America great again. And it is happening, and it will happen quickly,” Trump said. “There will be some disturbances, but we are fine with it. It will not be much.”