Trump said the market would "disintegrate" if he
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Posted On: 08/12/2022 8:36:34 AM
Trump said the market would "disintegrate" if he wasn't re-elected, but he was WRONG!
Analysts expect more gains for stocks this year as the economy recovers from the pandemic downturn. Cyclical, consumer-driven businesses typically perform well during a recovery, and the promise of a big infrastructure plan could boost construction and manufacturing stocks.
Biden has never made any promises about how well the stock market would do during his term, and that's not likely to change now that he's been sworn in. But one way or another, he's off to a good start.
--CNN's Matt Egan and Annalyn Kurtz contributed to this story.
Analysts expect more gains for stocks this year as the economy recovers from the pandemic downturn. Cyclical, consumer-driven businesses typically perform well during a recovery, and the promise of a big infrastructure plan could boost construction and manufacturing stocks.
Biden has never made any promises about how well the stock market would do during his term, and that's not likely to change now that he's been sworn in. But one way or another, he's off to a good start.
--CNN's Matt Egan and Annalyn Kurtz contributed to this story.
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