Market Update: 1 Year of Trump

One year after Donald Trump was elected the 45th President of the United States, we look at how stock markets have fared - and what investors should expect next

Emma Wall 8 November, 2017 | 4:09PM
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It has been one year since Donald Trump was elected President of the United States

One year ago, Donald Trump beat Hillary Clinton to become the 45th US President. Stock markets globally reacted by falling – but only for a single afternoon. Subsequently what has become known as the Trump Bump kicked in, pushing US stocks higher on the promise of tax cuts, looser regulation and infrastructure spend.

The S&P 500 is at 2,590 today, up from 2,140 a year ago. Before Trump was elected many investors were calling out the record high index, saying it was due a correction. Today, naysayers continue their warnings – but the market seems unstoppable.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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About Author

Emma Wall  is former Senior International Editor for Morningstar