The American people elected Donald Trump President to wipe out Barack Obama’s failed legacy.
And from day one Donald Trump set about fulfilling that promise.
And now President Trump broke a record that left Barack Obama red with rage.
Americans turned to Donald Trump because they were sick and tired of the middling economic performance of the Obama era.
Obama and his allies in the Fake News Media claimed robust growth was a thing of the past and the American people had to settle for a “new normal” level of low growth and stagnant wages.
That all changed when Donald Trump won in 2016.
The President enacted an agenda of tax cuts and deregulation that ushered in a historic economic boom.
In fact, the stock market growth in Trump’s Presidency outpaces the average growth of Presidents three years into their term going back to 1928.
President Donald Trump’s stock market stacks up well against the majority of his presidential predecessors.
The S&P 500 has returned more than 50% since Trump was elected, more than double the 23% average market return of presidents three years into their term, according to data from Bespoke Investment Group dating to 1928.
The bellwether index gained more than 28% this year, well above the average 12.8% return of year three for past U.S. presidents.
“Year three has been by far the best year of the cycle with an average gain of 12.81%, and the playbook has stuck to the script in year three of the current cycle,” the firm said in a note to clients last month.
The economy will be Donald Trump’s calling card in the 2020 election.
It is always the number one issue on voter’s minds.
And with these numbers Donald Trump will stand a strong chance to win a second term.
We will keep you up-to-date on any new developments in this ongoing story.