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US Market Slowed Down After Trump Inauguration

The stock market suggests that traders’ exuberant expectations after election night haven’t panned out — at least not since the administration actually took office.

We are now a full 100 trading days since that night in November, pretty evenly split with 49 trading days through the inauguration and another 50 since then.

When it comes to the major companies in the Dow 30, and the 11 broad-based sectors of the stock market, there’s been little consistency in how they performed in the two time periods. As a whole, there’s been less enthusiasm in the second portion of the “Trump bump” than before the president actually took office.

via CNBC [1]

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Alfonso Esparza

Alfonso Esparza [6]

Senior Currency Analyst at Market Pulse [7]
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza
Alfonso Esparza

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