If You Invested $1,000 In SPY Stock When Donald Trump Left The White House, Here's How Much You'd Have Now
Portfolio Pulse from Chris Katje
The article discusses the performance of the SPDR S&P 500 ETF Trust (SPY) during and after Donald Trump's presidency. It states that the S&P 500 had average annual gains of 14.5% during Trump’s four years in office, and SPY was up around 67% during this period. The markets continued to rally after Biden won the 2020 presidential election, with the S&P 500 gaining 37.4% in the first year of his presidency. An investment of $1,000 in SPY on Biden's inauguration day would be worth $1,160.32 today, while the same investment made the morning after the election would be worth $1,297.61 today.
August 23, 2023 | 10:30 pm
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The SPDR S&P 500 ETF Trust (SPY) saw significant gains during and after Trump's presidency. An investment of $1,000 in SPY on Biden's inauguration day would be worth $1,160.32 today, while the same investment made the morning after the election would be worth $1,297.61 today.
The article provides a detailed analysis of the performance of SPY during and after Trump's presidency. It shows that the ETF saw significant gains during this period, which would have resulted in a substantial return on investment for investors. This suggests that the ETF is likely to continue performing well in the future, especially if the current market conditions persist.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100