Is a Recession Imminent Under President Donald Trump? Here's What More Than 110 Years of History Has to Say.
Though history doesn't precisely repeat, it does have a way of rhyming on Wall Street.
With the exception of a two-month stretch during the early stages of the COVID-19 pandemic, the U.S. economy has been firing on all cylinders for the better part of 16 years. Berkshire Hathaway's billionaire CEO, Warren Buffett, has cautioned investors on numerous occasions not to bet against America, and this is the tangible data that conclusively backs up his opinion.
However, boom and bust cycles are both perfectly normal for the U.S. economy. The all-important question to be asked is: Will the next U.S. recession materialize under President Donald Trump?
While there's no way of guaranteeing the answer to this question, there are select correlations spanning more than 110 years that intimate whether a U.S. recession is imminent under President Trump, and what that might ultimately mean for the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC).
