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Business & Economics

Stocks log worst 100 day start since Nixon as Trump injects semi-permanent uncertainty

Reuters
Summary
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77% Informative

President Donald Trump 's first 100 days in office delivered the worst start for stocks since Nixon 's second term in 1973 .

Expectations for near-term volatility in stocks, bonds and currencies have all leaped higher as investors game out the fallout from a rapidly changing landscape for trade.

The dollar index is down about 9% in the index's worst showing ever for a President's initial months .

For stocks, Trump 's first term's initial 100 days saw a gain of 5% , not counting inauguration day.

For the whole of the first term, stocks rose nearly 70% while the dollar fell about 10% .

Still, some investors expect the pace of action to ease.

VR Score

88

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93

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60

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formal

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English

Language complexity

55

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Known propaganda techniques

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short-lived

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