How Trump 2.0's stock market stacks up with predecessors

How Trump 2.0's stock market stacks up with predecessors

Data: Financial Modeling Prep; Chart: Erin Davis/Axios VisualsThe stock market soared during the first 20 months of President Trump's second term, but slightly underperformed the same period of his first term.Why it matters: Trump considers the stock market to be a proxy for the economy, even though many economists disagree.By the numbers: The S&P 500 rose nearly 27.6% between inauguration day and this past Friday's close, compared to 28.5% duri…

Trump 2.0 stock market performance lags behind predecessors

Trump's second-term stock market underperformance may erode voter confidence and encourage speculative behavior, impacting economic perceptions.