January 2017… we started the egg timer and waited for the crash.

Nothing. The market kept going up.

Flynn gets fired. Comey gets canned. The ‘Much’ makes an appearance. Headlines and indignant pundits yelled and gnashed their teeth for FOUR YEARS STRAIGHT.

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And the market kept chugging. Why?

If you’re still scratching your head about the market during Trump world…

Here’s a rundown.

Economic Growth: President Trump’s administration oversaw solid economic growth during his term. GDP growth reached as high as 4.1% in 2018, and unemployment reached a 50-year low. These indicators alone are enough to suggest that the economy loved Trump.

Tax Cuts: President Trump signed the Tax Cuts and Jobs Act into law in 2017, which resulted in significant tax cuts for corporations and individuals. These tax cuts were seen as a key factor in the strong economic growth during President Trump’s term. Proponents of the tax cuts argue that they increased demand for goods and services and boosted corporate profits, leading to economic growth.

Deregulation: President Trump also pursued a policy of deregulation, which involved reducing the regulatory burden on businesses. By cutting red tape and eliminating unnecessary regulations, President Trump’s administration aimed to make it easier for businesses to operate and expand. This was seen as a positive development for the economy, as it allowed businesses to focus on innovation and growth rather than compliance.

Trade Deals: President Trump also renegotiated a number of trade deals during his term, including the North American Free Trade Agreement (NAFTA) and the United States-Mexico-Canada Agreement (USMCA). These deals were seen as more favorable to the United States, as they included provisions that were designed to protect American workers and industries. By negotiating more favorable trade deals, President Trump’s administration aimed to boost the competitiveness of American businesses and increase exports.

Infrastructure Investment: President Trump also promised to invest in infrastructure during his campaign, and his administration made some progress on this front. The administration released a $1.5 trillion infrastructure plan, which aimed to modernize and improve infrastructure across the country. This investment was seen as a positive development for the economy, as it would create jobs and stimulate demand for goods and services.

Consumer Confidence: President Trump’s policies may also have contributed to an increase in consumer confidence during his term. When consumers are confident about the direction of the economy, they are more likely to spend money, which can boost economic growth.

Love him or hate him… there are a number of reasons why some people believe that President Trump was good for the economy.

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