Is the Trump Bump Real?
Ken Fisher puts it into perspective with this one chart....
October 17, 2017
Is the stock market rally in the U.S. a “Trump Bump”? Not if you look at it in historical terms – which is what Ken Fisher of Fisher Investments did on Twitter last week, urging investors to look at this chart and see where this rally stands in relation to those associated with other U.S. elections. He’s just ahead of Clinton in 1992 and Bush in 2004 – and the rally is a tad stronger than Obama’s. But overall it’s not as yuuuge as some pundits might think.