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EconomicUnited States·Unpinned18 Oct 2026

Potential Market Threats to Trump-Era Economic Performance

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During his two non-consecutive terms, President Donald Trump oversaw significant stock market growth, including gains of 57% for the Dow, 70% for the S&P 500, and 142% for the Nasdaq in his first term, and further growth in his second. This performance was driven by the AI infrastructure build-out and the 2017 Tax Cuts and Jobs Act, which lowered the…

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