Wall Street Pre-Trump Surges
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iconic Dow Jones Industrial AverageThe Motley Fool
•Will President-Elect Donald Trump's Plan to Implement Tariffs Cause Stocks to Plunge? Here's What History Tells Us.
82% Informative
Since Election Day , the iconic Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have all ascended to record-closing highs.
Trump 's prior tariffs had a deleterious effect on U.S. equities.
The general purpose of tariffs is to make American -made goods more price-competitive with those being brought in from beyond our borders.
There have only been six instances where the S&P 500's Shiller P/E crested 30 during a bull market rally, including the present.
Each prior occurrence was followed by a 20% to 89% decline in the stock market.
History also strongly favors long-term investors (regardless of who's president).
VR Score
84
Informative language
84
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33
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English
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