Why Smart Investors Sold Some U.S. Stocks This Year
We pulled our rental car into my mother-in-law’s driveway.
It was 11:30pm. I still remember the lights casting their beams across the neighbor’s grass.
The sign on the edge of the lawn read, “Trump, Pence: Make America Great Again!”
Two weeks later, Trump shocked the world when he won the presidential election. U.S. stocks soon began the “Trump market rally.”
From the date of the election (November 8, 2016) to June 6th, 2017, the S&P 500 gained 15.62 percent.
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