A bunch of folks have asked me what this looks like in local currency terms. Here's the chart.
It's a similar story: The performance of the U.S. stock market during the Trump presidency is... ~~meh~~
Justin Wolfers
I can't tell you how many interviews I've done where I've been asked: If Trump's policies are so problematic, why are U.S. stocks rising so rapidly.
A bit of international context illustrates the real issue here.
U.S. stocks have dramatically underperformed other advanced economies.
