All the Stock Market Gains Since Trump Took Office Have Vanished

March 18, 2020

Ever since his improbable victory in November 2016, Donald Trump has been inextricably tied to the fortunes of the stock market. At no time in modern history has the leader of the free world made rising share prices such a singular barometer of his success, or claimed so much credit for the record-shattering run.

But now, it’s all coming crashing down.

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After a stunning sell-off that ranks with the most violent ever, the Trump bull market — punctuated by his trademark tweets — is being laid low by a worldwide pandemic that threatens to sink the global economy. The Dow Jones Industrial Average has lost more than 30% of its value in just over a month, wiping out all its gains since Trump was inaugurated three years ago and putting the rally since Election Day in jeopardy.

It’s a remarkable comedown for a president, and a market, that had been able to weather everything that came their way. Neither impeachment nor the trade war with China could knock either one off their pedestals. But now, with the human toll of the coronavirus outbreak getting worse by the day and the world grinding to a halt, one of Trump’s most compelling selling points for his 2020 re-election — a strong U.S. economy backed by a roaring stock market — has all but unraveled.

“The old adage is, if you’re a president, don’t talk about the stock market — it can be a fickle friend,” said Steve Chiavarone, portfolio manager and equity strategist with Federated Hermes.

“Trump absolutely has in a lot of ways used the stock market as a report card for his economic policies. In so far as that was the appropriate measure, the marks were pretty good — until now.”

Dan Suzuki, Richard Bernstein Advisors deputy chief investment officer, wouldn’t be surprised if all the boasting goes quiet.

“Trump is a great marketer, so he’s going to always use the stuff that supports him,” Suzuki said. “When the stock market’s ripping, he’s going to tell everyone it’s confirmation of the good job he’s doing. When it’s not, you’re either not going to hear about it, or that it would have been worse under somebody else.”

https://advisorhub.com/all-the-stock-market-gains-since-trump-took-office-have-vanished/
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Comments

  • Can anybody out there tell us how much the FSM Trust Fund and the FSM Compact Trust Fund lost over the last 30 days?
  • It will be good. There is always light at the end of the tunnel. And i bet Democrats are happy. But Democrats smile will be gone. Trump has mobilized the US government and now enacted the Trump Administration is about to enact the Defense Production Act.

    And 800 billion is about to be pumped into the US economy and $1,000 is about to send to the mail to every US citizen.
  • Better come up with more than $800 billion. Market lost +/- $3.5 trillion in value today.

    Don’t spend that grand all in one place, idiot. You may need toilet paper.
  • @SaremChuuk, you really want the US economy to collapse?

    Wow
  • As of today on the stock marker, @FactsMatter

    The Dow industrial average
    20,131.31 +232.39 (1.17%)⬆


    S&P 500 Index
    INDEXSP: .INX
    2,437.59 1.65%⬆

    Nasdaq Composite
    INDEXNASDAQ: .IXIC
    7,285.76 4.23%⬆

    Russell 2000 Index
    INDEXRUSSELL: RUT
    1,062.34 7.18%⬆

    Breaking records yet again.
    MAGA
  • Yes. Trump is breaking records for losing money. It's the biggest drop in the stock market since 1987.

    Read it and Weep, Reaper.

    image
  • Isn't the 16 a couple of days ago? Ain't today the 19?

    This is today the 19 of march and this are the us stock as of now all up ⬆⬆⬆⬆

    The Dow industrial average
    20,131.31 +232.39 (1.17%)⬆


    S&P 500 Index
    INDEXSP: .INX
    2,437.59 1.65%⬆

    Nasdaq Composite
    INDEXNASDAQ: .IXIC
    7,285.76 4.23%⬆

    Russell 2000 Index
    INDEXRUSSELL: RUT
    1,062.34 7.18%⬆

    Breaking records yet again.
    MAGA
  • No world war & no crash. I know u want it. But lets hope for the best not hope for the worst. You have showed your hands. You are a russian or Chinese communist paid bot like anti colonialist.

  • They were praying we go to war with North Korea and Iran now they want us to die from the China virus and along with it they want the economy to collapse.

  • Where the fuck have you been hiding, Gun Smuggler? Under a rock? Just in case you have had your head up your ass, the economy has already collapsed. The peak of the Dow Jones Industrial Average was on February 19, when the Average was over 29,000. As I type it is now down about 75 points, at just about 20,000. Let me see. If my arithmetic is right, and my calendar is right, that amounts to a +/- 31% (THIRTY-ONE PERCENT!) drop in the Dow Jones in just about 30 days.

    So if the FSM was or is invested in the stock market, and couldn't get out in time, the FSM Compact Trust Fund, and the separate FSM Trust Fund, have lost a shitload of wealth in the past month. If they haven't gone to cash yet, both funds are drowning. Under water. Lost it all. Worth less than they were worth during the Obama administration.

    THIS WAS TRUMP'S ECONOMY, you idiots! He claimed it! But you can bet your asses, where you have put your heads, that he will put this off on the Chinese, or Obama, or anybody else he can blame. Because nothing bad is ever his fault, is it? Hell, he will blame you before he blames himself for anything. IT WAS THE GUN SMUGGERS FAULT, he will shout to anyone within listening distance.

    Too bad the FSM Trust Fund and FSM Compact Trust Fund (and the RMI and Palau Trust Funds, for that matter) didn't get the briefings that Senator Burr got on February 13, a week before the floor collapsed. He sold out of about $1.5 million in stocks in the following week and made a KILLING!

    In case you still don't believe the economy has collapsed, think about these things. No NBA for the rest of the year. No Major League Baseball for the rest of the year. No NCAA March Madness tournaments. No professional soccer. Hell, no professional or college sports for the foreseeable future. If you can foresee a future. If you are a restaurant worker, the future is really hard to see, since all restaurants are closed for the foreseeable future. If you work in the film industry, apply for unemployment, because Hollywood is shut down tighter than a drum. If you are a hospital worker, cross your fingers and wrap a scarf around your face, and pray you don't get the virus while you try valiantly to save those who contracted this disease because nobody could get a test. Are you a barber, or a hair stylist, or a fingernail painter, get in line at the unemployment office.

    It is estimated that this week new unemployment applications will rise from about 80,000, the weekly average, to more than 2.5 MILLION. And that will go up next week.

    Gun Smugger, you are really a fucking idiot. Look around you? Do you see anybody? No, because they are trying to shelter in place and do what they can to try to protect their parents, uncles and aunties, from this horrible disease that your Lord and Master ignored and mocked until it rose up and bit him in the ass. Now he is the "wartime president." Masturbating to the war he created with his own brand of unique stupidity.

    The economy has collapsed, fuck head. In thirty days. And it will probably take years, and untold sacrifice, before we all, us Americans, climb out of this hole that Trump created.

    Go hug your guns, and smuggle some more into Pohnpei. What an asshole.
  • Raper:

    About 22 hours ago, +/- 9:30 AM PDT, you crowed to the rooftops about how the stock markets were all UP!

    This is today the 19 of march and this are the us stock as of now all up ⬆⬆⬆⬆

    The Dow industrial average
    20,131.31 +232.39 (1.17%)⬆


    S&P 500 Index
    INDEXSP: .INX
    2,437.59 1.65%⬆

    Nasdaq Composite
    INDEXNASDAQ: .IXIC
    7,285.76 4.23%⬆

    Russell 2000 Index
    INDEXRUSSELL: RUT
    1,062.34 7.18%⬆

    Breaking records yet again.
    MAGA


    Now, at about 11:27 AM on March 20, 2020, records are also being set:

    https://www.google.com/search?client=firefox-b-1-d&q=dow+jones

    As of 11:28 AM PDT on March 20, 2020, the Dow Jones Industrial Average is down 380 points, setting another record for the lowest point since before Trump took office. Great job, Donnie!
  • Oops, wrong again. Just looked clicked on the link in my previous post, and at 11:29 AM PDT the Dow Jones was down 426 points.
  • It's now noon on the West Coast of the United States, and at last glance the Dow Jones Industrial Average is down 690 points, on its way to down 700. How are the FSM Compact Trust Fund, the FSM Trust Fund, and the RMI Trust Fund doing now, Raper?

    Breaking records yet again.
  • At the close of the markets on March 20, 2020, the Dow Jones Industrials Average was down 913.21 points to close at 19,173.98. That is down 957.33 points from the great results Raper foisted on us yesterday, when he said EVERYTHING IS UP when the market closed at 20,131.31.

    That is a 4.75% drop from yesterday.

    Put another way, the market closed today at virtually the same level it closed at on December 2, 2016, six weeks before The Economist-in-Chief took office and began to crow about the great stock market under his leadership.

    How are we doing, Raper?

    Breaking records yet again.
  • Are we "tired of winning" yet? lol



  • The financial market especially the stocks and bonds will, as always, go up and down depending on the news of the day. But the US' economic fundamentals are pretty good; so the stock market will bounce back in the future.

    President Trump understands the dynamics of the market and the economy--a lot more than the previous presidents. Decisions as to buy or sell stocks is made by investors and speculators.

    The COVID-19 does create a negative atmosphere for investments. People, including some Senators, sold their stocks when they became aware of the difficulties in the market as caused by the virus. Stocks may have decreased values now but this will also present an opportunity for people to enter the market; and buy stocks, especially US stocks in technology, pharmaceuticals, etc.

    I would predict that the US will begin to bring some production/manufacturing of important industries such as medicine to the US; and not depend on the manufacturing from China-which are based on US technologies.

    In short, the US stock market will rebound because there is no other country that can attract future investors like the US economy which has solid fundamentals. It's just a matter of time.

    So my advise is that if you did not sell your stocks, then, don't sell them now. Don't panic based on the naysayers saying so in this Forum. It's a wrong time to sell stocks at their low market values. Wait until the economy improves or the stock market rebounds; then, then you can sell or hold for more future growth.



  • Winning the fight against the chinese virus.
  • Trump and his buddies are way ahead of you, marc.

    They used insider information about the pandemic's expected effect on the economy to reap huge profits before the market crashed.

    Shameful....and illegal....but not surprising.

    Tucker Carlson calls on Burr to resign amid reports of stock selloff

    Conservative Fox News host Tucker Carlson called on Sen. Richard Burr (R-N.C.) to resign after reports that he sold off millions in personal stocks the week before the stock market began its steep dive amid fears of the COVID-19 outbreak.

    Burr, the chairman of the Senate Intelligence Committee, reportedly offloaded between $582,029 and $1.56 million of stock on Feb. 13 in almost 30 different transactions days after lawmakers on the Intelligence Committee were briefed on the virus.

    “He didn’t give a prime-time address, he didn’t go on television to sound the alarm,” Carlson said, pointing out that Burr wrote an op-ed days earlier with a much less dire message about the impact of the virus on U.S. life.


    https://thehill.com/homenews/media/488576-tucker-carlson-calls-on-burr-to-resign-amid-reports-of-stock-selloff-due-to

    https://www.thedailybeast.com/sen-kelly-loeffler-dumped-millions-in-stock-after-coronavirus-briefing

    https://www.usatoday.com/story/news/politics/2020/03/20/coronavirus-stock-senators-may-face-legal-scrutiny-selling-shares/2885101001/
  • Lol he really want the us to collapse this guy above.
  • Finally you get it, PornStar! Yes, Trump is bringing the U.S. to the brink of collapse.
    image
  • Way too late for wants and wishes, Gun Smuggler. What happens to you when United stops flying and you lose your job escorting criminals back to the FSM? I hear Walmart is hiring shelf stockers. Too bad they stopped selling guns and bullets.

    Who is “this guy above”? You mean Tucker Carlson? I thought he was one of you fascists.
  • FM, nobody has control on what people choose to do. If people bought or sold stocks based on "insider" information, then, that is illegal; and they will be subject to legal consequences.

    The US stock market is designed to be fair and open for buyers and sellers--whether directly or thru agents, etc. Inside trading is prohibited; and violators are subject to the consequences.

    Trump did not tell these people to buy stocks. I would say that as a businessman, he knows what is the legal thing to do and the illegal actions. Don't always blame Trump for everything that people do.
  • @marc, Brother, You are fighting a lost fight. You can't debate or peacefully converse or disagree with people who have already deem u a SAVAGE!

  • Shame on you PornStar for calling marc "a SAVAGE."

    You sound exactly like your hero, the Racist-in-Chief. Shameful.
  • Those who disagree with you @FactsMatter & @SaremChuuk are all racists and savages in your eyes.

    Like you said if you voted or agree with Trump you are a racist and a SAVAGE! This is from your own mouth @FactsMatter
  • Plenty jungle in ponape for you to get lost in.
  • Learn to read, Mr. PornStar, and more importantly, learn to tell the truth.

    I have never called anyone "a savage." That is your word, not mine.

    That's why you cannot provide any quote from my posts to prove your accusation.

    So stop lying and threatening people.

    The truth will set you free from your anger and hatred. Try it for once.
  • edited March 23
    Yup @FactsMatter said it.

    What is a racist but a savage who can't change his mind. A racist is a savage who does not agree with the norm. A racist or a savage is someone who does not agree with the elites or the mainstream media or Democrat party according to motherjones ( @SaremChuuk ).

    You didn't say it but it's loud and clear in how you paint us brownies in your comments.



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