Are Stocks Going to Crash if Donald Trump Wins and Republicans Control Congress? Here's What History Says About Stock Market Returns When Republicans Win.
It's that time again -- and I'm not talking about tax season. With many presidential primaries now in the rearview mirror, America is turning its attention to elections in November.
Though there are plenty of aspects of politics that don't intersect with what happens on Wall Street, fiscal policy changes drafted in Congress and signed into law by the president of the United States can have a meaningful impact on corporate profits and the economic growth trajectory.
As of this writing on April 17, former President Trump had secured 1,863 delegates, which is well over the 1,215 needed to earn the presumptive nomination for president from the Republican Party. During Trump's presidency, which began when he was sworn in on Jan. 20, 2017, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S 500 (SNPINDEX: ^GSPC), and innovation-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) respectively rocketed higher by 57%, 70%, and 142%.
Source Fool.com
