{"id":7696,"date":"2024-11-11T16:06:08","date_gmt":"2024-11-11T16:06:08","guid":{"rendered":"https:\/\/finderica.com\/trump-is-the-most-pro-stock-market-president-in-history-whartons-jeremy-siegel\/"},"modified":"2024-11-11T16:06:08","modified_gmt":"2024-11-11T16:06:08","slug":"trump-is-the-most-pro-stock-market-president-in-history-whartons-jeremy-siegel","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=7696","title":{"rendered":"Trump is the most pro-stock market president in history, Wharton\u2019s Jeremy Siegel"},"content":{"rendered":"
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The stock market could enjoy a bigger boost from President-elect Donald Trump than any previous administration thanks to his pro-business policies, according to Jeremy\u00a0Siegel, finance professor at the Wharton School of the University of Pennsylvania.<\/p>\n

“President-elect Trump is the most pro-stock market president we have had in our history,” Siegel said Monday on CNBC’s “Squawk Box.” “He measured his success in his first term by how well the stock market did. You know, it seems to me very unlikely he’s going to implement policies that are going to be bad for the stock market.”<\/p>\n

The market already reached new heights in reaction to Trump’s election win as investors bet that his promises of tax cuts and deregulation will propel growth and benefit risk assets.<\/p>\n

The S&P 500 soared 4.66% last week for its best week since November 2023, trading above 6,000 for the first time ever. The blue chip Dow Jones Industrial Average also climbed above a new milestone of 44,000 post election.<\/p>\n<\/div>\n

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