CFRA Research: Trump’s first 100 days are the worst for the stock market since Nixon
The post CFRA Research: Trump’s first 100 days are the worst for the stock market since Nixon appeared on BitcoinEthereumNews.com. A CFRA Research report revealed that President Donald Trump’s first 100 days in office were the worst of any new president for the S&P 500 index since the Watergate scandal in 1973 during President Richard Nixon’s second term. The CFRA report confirmed that the S&P 500’s 7.9% drop from January 20 through the April 25 close marked the second-worst first 100-day performance, going back to the beginning of President Richard Nixon’s second term in 1973 when the S&P 500 tumbled 9.9%. The S&P 500 took a nosedive in April, losing 10% in just two days and briefly entering bear market territory following Trump’s ‘reciprocal’ tariff announcement. The S&P 500 reached a closing high of 6.144K on February 19 and closed on April 25 at 5.525K, erasing all post-election gains from November. However, Trump has one more trading day to cut his losses since his first 100 days technically end on Tuesday. He could, therefore, get close to the third worst start—the 6.9% decline during the first 100 days of George W. Bush in 2001 if the S&P 500 rallies this week. CFRA claims Trump’s first 100 days are the second worst for the S&P 500 Ouch. The S&P 500 is down about 8% since Trump’s inauguration — on pace for the worst first 100 days for a president since Gerald Ford took office after Nixon resigned in 1974. pic.twitter.com/MWkKrZlPKg — Mike Levin (@MikeLevin) April 28, 2025 According to CFRA’s data, the S&P 500 climbed 3.7% from Election Day to Inauguration Day before the rally sputtered and then dove sharply as Trump used his early days in office to push forth other campaign promises that investors took less seriously. Luca Bindelli, head of investment strategy at Lombard Odier, said policy under Trump is even more unpredictable than during his first term…
The post CFRA Research: Trump’s first 100 days are the worst for the stock market since Nixon appeared on BitcoinEthereumNews.com.
A CFRA Research report revealed that President Donald Trump’s first 100 days in office were the worst of any new president for the S&P 500 index since the Watergate scandal in 1973 during President Richard Nixon’s second term. The CFRA report confirmed that the S&P 500’s 7.9% drop from January 20 through the April 25 close marked the second-worst first 100-day performance, going back to the beginning of President Richard Nixon’s second term in 1973 when the S&P 500 tumbled 9.9%. The S&P 500 took a nosedive in April, losing 10% in just two days and briefly entering bear market territory following Trump’s ‘reciprocal’ tariff announcement. The S&P 500 reached a closing high of 6.144K on February 19 and closed on April 25 at 5.525K, erasing all post-election gains from November. However, Trump has one more trading day to cut his losses since his first 100 days technically end on Tuesday. He could, therefore, get close to the third worst start—the 6.9% decline during the first 100 days of George W. Bush in 2001 if the S&P 500 rallies this week. CFRA claims Trump’s first 100 days are the second worst for the S&P 500 Ouch. The S&P 500 is down about 8% since Trump’s inauguration — on pace for the worst first 100 days for a president since Gerald Ford took office after Nixon resigned in 1974. pic.twitter.com/MWkKrZlPKg — Mike Levin (@MikeLevin) April 28, 2025 According to CFRA’s data, the S&P 500 climbed 3.7% from Election Day to Inauguration Day before the rally sputtered and then dove sharply as Trump used his early days in office to push forth other campaign promises that investors took less seriously. Luca Bindelli, head of investment strategy at Lombard Odier, said policy under Trump is even more unpredictable than during his first term…
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