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Weekly Comic: President Trump leads the bulls on a phenomenal rally

Published 02/16/2017, 09:01 AM
Updated 02/16/2017, 09:01 AM

Investing.com - U.S. stock markets scored their longest record-setting streak in a quarter century this week, amid optimism over President Donald Trump’s pro-growth policies.

U.S. stocks closed at fresh highs Wednesday for a fifth-straight day, the best run in 25 years, as traders continued to bet on a pro-growth agenda under President Trump.

Trump has been credited with being a major catalyst behind Wall Street's impressive rally since election day, with some dubbing it the "Trump Jump", as investors welcomed his promises of tax reform, infrastructure spending and deregulation.

However, recent gains have led to speculation of a near-term reversal with some fund managers likening the current stock market euphoria to the dotcom bubble, which reached a peak on the last day of 1999 and then burst dramatically.

The question remains, who or what will be the cause of the reversal.

To see more of Investing.com’s weekly comics, visit: http://www.investing.com/analysis/comics

Latest comments

If you didnt learn anything you learned from that news conference yesterday ! Watergate...
Saying that this rally is due to Trump is like saying that pizza is American
That Trump tweet earlier today called the TOP in my opinion. Will go down hard from around these levels next week.
Mr. Trump is doing a Great Job for his country ...
US stock markets have been going up for about 8 years, and Trump has been President only for one month..........US stocks are not going up because of Trump and if they crash it is not because of Trump, it is because US stocks can not go up forever!! and a correction has to happen someday soon.............US stocks are due to crash no matter who the President is.........but of course the main stream media will blame Trump.
Now more than stocks are going up tho. Jobs, sales, and hourly wages are improving.
I agree with you @Christian
Looking at the presidential cycle it might all still be fine for the upcoming year, second and third term-years are usually the bad ones right?
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