Politics and Investing
Even though the stock market has risen during the Trump presidency the market probably would have done better if Trump had not been President. In particular, his decision to disrupt our global trade markets with irrational tariffs definitely had bad economic side effects. The pandemic’s negative impact on the economy masked this bad decision making by the Trump administration.
Trump made a bad situation worse by leaving office as the worst President ever. He lost by a significant margin due to major mistakes made in handling the pandemic. Even though he clearly lost, he repeatedly told the same lie that the election was stolen from him. This culminated by his inciting his supporters to attempt to violently stop the Congressional certification process. He has demonstrated he is a fake patriot, that he doesn’t understand our constitution, and that he only cares about what is in it for the himself. This perverse attitude is not good for the economy or financial markets as we attempt to recover from 4 years of the incompetent Trump presidency.