Siegel calls Trump the most pro-stock market president in U.S. history
cnbc.com —
Finance professor Jeremy Siegel stated that President-elect Donald Trump is the most pro-stock market president in U.S. history. He believes Trump's business-friendly policies will likely boost the stock market further. Following Trump's election win, the stock market has already reached new highs. The S&P 500 rose 4.66% last week, surpassing 6,000 for the first time. The Dow Jones Industrial Average also hit a new milestone, climbing above 44,000. Investors are optimistic about Trump's promises of tax cuts and deregulation.