Trump set for largest rise in Dow Jones in first year of a post-war presidency

On track for 33% rise

Laura Dew
clock • 1 min read

A further 1.3% rise in the Dow Jones index by Friday would give President Trump the best return in the first year of a post-war president, according to AJ Bell.

A close of 26,450 on Friday, ahead of the anniversary of Trump's inauguration on 20 January, would mean the Dow has risen more than 33% since Trump took office. The index broke through the 25,000 barrier at the start of January and has since passed 26,000. This could be the best first year for a president since Harry Truman's inauguration in 1949. Excluding Trump, the average Republican president has seen a loss of 1.3% in their first year compared to a 13% rise for Democratic presidents.  Factors contributing to the positive rise in the market include low inflation, low interest r...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on US

The land of the free: Investing in the world's largest economy
US

The land of the free: Investing in the world's largest economy

'Experience is essential when it comes to investing in the US'

Darius McDermott
clock 24 November 2022 • 4 min read
US

Sanlam preps US absolute return fund with value approach

Market-neutral product to launch soon

Mike Sheen
clock 29 July 2019 • 1 min read
US

SocGen's Albert Edwards: 'Fragile' US economy will be exposed

When tax reform 'sugar rush' wears off

Tom Eckett
clock 09 November 2018 • 1 min read