It didn’t take much more to improve the investment climate in America than a more business-friendly resident in the White House.
The Dow just put up its best post-election year return since 1945. Remarkable considering how little Trump and the GOP-led Congress have accomplished, but not so surprising when you consider that the greatest post-election year return in Dow history came while Calvin Coolidge was president. Coolidge was a hands off, business friendly president. He once famously said “The chief business of the American people is business.”
MarketWatch has more.
The following two tabs change content below.
Jeremy Jones, CFA
Jeremy Jones, CFA is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Jeremy is a contributing editor of youngresearch.com.
Latest posts by Jeremy Jones, CFA (see all)
- Tax Cuts are About to Get A Lot More Popular - December 17, 2018
- U.S. Oil Revolution Looms over OPEC - December 14, 2018
- Are Canadian Home Prices About to Crash? - December 13, 2018