"The S&P 500 rose 67.82% on a price basis from inauguration day to the end of Trump's first term, gaining 9.27% in the first six months and 24.15% after one year. Trade tensions with China caused corrections, but the market recovered as company earnings continued to grow."
"The 2017 Tax Cuts and Jobs Act slashed the corporate tax rate from 35% to 21%, putting more money in companies' pockets and fueling higher profits and bigger share buybacks. Markets rewarded results over daily headlines, demonstrating resilience."
During Donald Trump's first term from 2017 to 2021, the S&P 500 delivered an 81.3% total return, ranking fourth among presidential terms since 1980. Despite challenges like trade wars and the pandemic, corporate tax cuts and deregulation boosted earnings and buybacks. The S&P 500 rose 67.82% from inauguration to term end, with significant gains in the first year and three years. The 2017 Tax Cuts and Jobs Act was a major catalyst, enhancing company profits and share buybacks, leading to market resilience even amid tariff discussions.
Read at 24/7 Wall St.
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