Trump’s Stock Market Gains Set New Record for GOP

Trump's Stock Market Gains Set New Record for GOP

(HorizonPost.com) – The saying “figures don’t lie, but liars do figure” has been attributed to Mark Twain by many people and what the data shows, over the four years under President Donald Trump, is that stock markets have done well. Even though 2020 has been a year like no other — and not in a good way — they’ve still flourished.

The S&P 500 has gained more than 65.2% since election day 2016, according to a study by FOXBusiness news. This is the largest gain under any Republican president.

The NASDAQ Composite, ironically home to Amazon, whose CEO Jeff Bezos is decidedly anti-Trump, but still found his net worth increased by more than $130 billion by the end of August 2020, has seen an increase of 128.7%.

Perhaps even more impressive, the S&P 500 lost all gains made since 2017, as CNN reported when the coronavirus tanked the economy. This means the huge increase took place in about six months.

As the fight for the presidency rapidly closes in, it‘s important that people dig for the facts and not just listen to the Democrats’ bluster.

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