It wasn’t too long ago that Donald Trump relished taking credit for moving the stock market. During his first term he routinely told supporters to check the gains on their 401Ks. The day before he took office, Trump told political supporters at a rally, “I don't want to say this—it's too braggadocious—but we'll say it anyway, the Trump effect. It's you. You're the effect. Since the election, the stock market has surged.”
2025