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President Donald Trump Just Proclaimed “Everybody’s Profiting” From the Stock Market, but He’ll Likely Regret This Remark in Short Order

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From a statistical standpoint, President Donald Trump in the Oval Office and outsize stock market returns have gone hand in hand. During his first, non-consecutive term (Jan. 20, 2017 – Jan. 20, 2021), the time-honored Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and innovation-propelled Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 57%, 70%,…