How does Donald Trump’s presidency affect the stock market?
Donald Trump’s effect on the stock market
Only five days after Donald Trump’s inauguration the Dow Jones set a record beaching the 20,000 mark for the first time in its history. The majority of investors expect Trump’s policies to produce strong returns in the stock market and are actively searching for opportunities to invest according to a UBS Wealth Management Americas research report. Not only large investors are confident that the Trump administration will have a positive impact on the economy but also small businesses reported an improved confidence in hiring new employees and reinvesting in their business.
In my opinion, climbing stock market could boost consumer confidence and the overall economy. Therefore, it is the right time to seek investment opportunities for large and small businesses as well as private investors.