One Historic Lens Says Trump Stock Market Lovefest Just Starting
- Stocks can keep rising from election until after inauguration
- Median gain from last eight cycles since 1952 tops 5 percent
U.S. Stocks Edge Towards Record, What's Next?
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The post-election advance in U.S. stocks fits into a pattern at the beginning of presidential cycles, and if history is any guide the rally greeting Donald Trump is only halfway done.
The S&P 500 Index has climbed about 3 percent since the Republican’s victory. The gain is in line with what Renaissance Macro Research LLC calls the “honeymoon period” for new parties, during which the market usually rises in the first few months following an election.