Greatest President Ever – DOW and S&P End 2020 On All-Time Highs – President Trump Sees Largest Market Increase Ever!

President Trump does the unimaginable.  He breaks the market all-time data for the DOW and the S&P on the final day of loopy 2020.

The Star-Tribune reported:

Wall Street closed out a tumultuous 12 months for shares with extra file highs Thursday, a becoming coda to the market’s gorgeous comeback from its historic plunge within the early weeks of the coronavirus pandemic.

The benchmark S&P 500 index completed with a acquire of 16.3% for the 12 months, or a complete return of about 18.4%, together with dividends. The Nasdaq composite, powered by high-flying Big Tech shares, soared 43.6%. The Dow Jones Industrial Average gained 7.2%, with Apple and Microsoft main the best way.

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The market’s milestone-setting end follows a principally upward grind for shares in latest weeks, fueled by cautious optimism that the U.S. economic system and company earnings will bounce again in 2021 now that the distribution of COVID-19 vaccines is underneath approach.

“We came into the year expecting slow growth and it turned out to be the fastest bear market recovery in history,” stated Sunitha Thomas, nationwide portfolio advisor at Northern Trust Wealth Management.

The virus pandemic shocked markets early within the 12 months. The S&P 500 fell 8.4% in February, then plunged 12.5% in March because the pandemic basically froze the worldwide economic system. Businesses shut down within the face of the virus menace and tighter authorities restrictions. People shifted to working, buying and doing just about the whole lot else from dwelling.

The dire financial scenario weighed closely on nearly any firm that relied on direct shopper spending or a bodily presence, together with airways, eating places, inns and mall-based retailers.

With the meteoric rise within the markets for the reason that COVID collapse in March, President Trump reigns over the best bull market and the best bear market reversal in historical past.  These data will probably by no means be damaged for a lot of causes. 

Per our calculations:

1. President Trump has overseen the 2 biggest market will increase in historical past.  The markets elevated by over 12,000 factors (12,071) from the date President Trump gained the 2016 election (18,333) to at this time (30,404).  No President has seen the DOW improve in an analogous time frame.  This previous 12 months since March, the markets did it once more from a low of 18,591 on March 23.  This won’t ever be matched.
2. President Trump has over seen the most important single day improve in DOW historical past (2,113 on March 24, 2020).
3. President Trump noticed the quickest improve between main market milestones of 500, 1000, 2000, 3000, 4000, 5000, 6000, 7000, 8000, 9000, 10,000 and 11,000 level will increase within the DOW.
4. President Trump set the file for probably the most all time highs in a single 12 months in DOW historical past (71 in 2017).
5. President Trump set the file for probably the most all time highs for a President in his first 12 months in workplace (2017).
6. President Trump set the file for the most important annual improve within the DOW in historical past (5,211 in 2019).
7. President Trump tied Ronald Reagan for probably the most all-time highs for the DOW in a row (12 in January 87 and February 2017).
8. To date the DOW is up 2/3 or 66% since President Trump gained the 2016 election.

There are many extra data for the DOW, the S&P 500 and the Nasdaq that President Trump set.  Suffice it to say that President Trump up to now is the best President in inventory market historical past.