BlockBeats News, May 13th, In the past month, investors who followed Trump's advice on social media enjoyed one of the largest gains in the S&P 500 Index under his leadership.
After Trump announced a "Liberation Day" tariff measure, the U.S. stock benchmark index experienced a sharp decline. However, in the month following his statement on April 9th that "now is a good time to buy" (just hours before he temporarily suspended some of the harshest tariff measures in centuries), the index rose by 14%. On May 8th, he reiterated this view, telling reporters that the economic outlook is positive and it's worth buying stocks in large quantities.
According to data compiled by Bloomberg, calculated based on a rolling 21-day trading session, this is the best gain the S&P 500 Index has seen during Trump's two presidential terms, except for the special period at the beginning of the 2020 COVID-19 pandemic. (Jin10)
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