During the Trump presidency, the US stock market outperformed all major world economies for the period. (See the above chart for details.) For a president with a campaign theme of America First, this feat is incredibly ironic. Maybe, it was more than just rhetoric??? You be the judge.
For all the noise about trade wars, it is interesting to note the bickering didn’t seem to hurt the US or Chinese economies.
Chart Source: Bespoke Investment Group