World Economy: Trump’s First 100 Days Strongly Stock Positive
Stock markets have been a steady well from which to draw as both the S&P 500 and the Dow Jones Industrial Average continues to make new record highs. A large portion of this optimism has been based on the fact that President Donald Trump has outlined economic plans that are designed to stimulate trade and boost the US economy in ways that benefit businesses.
Stock Chart: SPDR S&P 500 ETF (NYSEARCA:SPY)
So the real question is whether or not President Trump will be able to make good on his campaign promises and deliver on his pro-business agenda that is designed to improve sluggish GDP growth. This bodes well for the stock market as well, and declines from here are expected to remain minimal as long as stock investors are able to keep valuations above the 230 mark when viewing the SPY stock ETF.