| Line 46: |
Line 46: |
| | ==Insourcing and American jobs== | | ==Insourcing and American jobs== |
| | The Trump effect includes voluntary actions by American companies to make [[America]] great again by not moving manufacturing jobs to other countries, after [[Donald Trump]] championed this issue in his successful campaign for president in 2016. | | The Trump effect includes voluntary actions by American companies to make [[America]] great again by not moving manufacturing jobs to other countries, after [[Donald Trump]] championed this issue in his successful campaign for president in 2016. |
| − |
| |
| − | ==Trump and the stock market==
| |
| − | Despite expectations that Trump's election victory would cause the markets to plunge, the [[Dow Jones Industrial Average]] actually performed very strongly, closing at the highest level it had ever reached in history after the second day.<ref name="MarketRally">La Monica, Paul R. (November 10, 2016). [https://money.cnn.com/2016/11/10/investing/markets-stocks-donald-trump-rally/index.html The 'yuge' Donald Trump market rally continues]. ''CNN Money''. Retrieved November 10, 2016.</ref> It is rare for the stock market to rise immediately after a U.S. presidential election regardless of the winner.<ref name="MarketRally"/> The stock market had its best week in five years due to the optimism of a Trump presidency.<ref>Craig, Victoria (November 11, 2016). [https://www.foxbusiness.com/markets/2016/11/11/trump-optimism-propels-dow-to-best-week-in-five-years.html Trump Optimism Propels Dow to Best Week in Five Years]. ''Fox Business''. Retrieved November 12, 2016.</ref>
| |
| − |
| |
| − | Trump was very busy in his first week and showed he was serious about his campaign promises. This caused the [[stock market]] to increase, and the [[Dow Jones]] passed 20,000 points for the first time in its history.<ref>Imbert, Fred (January 25, 2017). [https://www.cnbc.com/2017/01/25/us-markets.html Dow closes above 20,000 for first time as Trump orders send stocks flying]. ''CNBC''. Retrieved January 25, 2017.</ref><ref>Craig, Victoria (January 25, 2017). [https://www.foxbusiness.com/markets/2017/01/25/dow-races-past-20k-in-reinvigorated-trump-rally.html Dow Races Past 20K in Reinvigorated Trump Rally]. ''Fox Business''. Retrieved January 25, 2017.</ref> It had been only 42 days since the Dow Jones passed 19,000 points, making it the second-fastest 1,000 point move of the Dow in its history.<ref>Decambre, Mark (January 25, 2017). [https://www.marketwatch.com/story/dow-cracks-20000-milestone-intraday-for-the-first-time-2017-01-25 Dow clambers above 20,000 — marks 2nd-fastest run to a milestone in history]. ''MarketWatch''. Retrieved May 18, 2017.</ref> On March 1, 2017, the day after Trump made his first address to a joint-session of Congress, the stock market rose dramatically again, with the Dow Jones passing the 21,000 mark for the first time in history.<ref>Witkowski, Wallace; Mahmudova, Anora (March 1, 2017). [https://www.marketwatch.com/story/wall-street-stocks-set-to-resume-rally-on-fed-rate-hike-hopes-trump-relief-2017-03-01 Dow closes above 21,000 as stocks soar after Trump speech]. ''MarketWatch''. Retrieved March 1, 2017.</ref><ref>Holcomb, John (March 1, 2017). [https://townhall.com/tipsheet/justinholcomb/2017/03/01/stock-market-booms-past-21000-for-the-first-time-in-history-n2292388 The Trump Bump: Stock Market Hits 21,000 for the First Time in History]. ''Townhall''. Retrieved March 1, 2017.</ref><ref>DeSoto, Randy (March 1, 2017). [http://www.westernjournalism.com/stock-market-hits-new-high-follow-trumps-speech-to-congress/ Stock Market Hits New High Following Trump’s Speech To Congress]. ''Western Journalism''. Retrieved March 1, 2017.</ref> The stock market had one of the best performances in the [[first 100 days]] of Trump's presidency compared to the first 100 days of previous presidents in U.S. history.<ref>Multiple references:
| |
| − | *Carney, John (May 1, 2017). [https://www.breitbart.com/economics/2017/05/01/trumps-first-100-days-stock-markets-best-ever-expansionary-rally/ Donald Trump’s First 100 Days: Stock Market’s Best-Ever Expansionary Rally]. ''Breitbart News''. Retrieved May 1, 2017.
| |
| − | *Craig, Victoria (April 28, 2017). [https://www.foxbusiness.com/markets/2017/04/28/trumps-first-100-days-gets-from-wall-street-b-from-main.html Trump's First 100 Days Gets an 'A' from Wall Street, 'B' from Main]. ''Fox Business''. Retrieved May 16, 2017.
| |
| − | *Egan, Matt (April 28, 2017). [https://money.cnn.com/2017/04/28/investing/trump-rally-wall-street-100-days/ Trump rally is 2nd best since JFK]. ''CNN Money''. Retrieved May 16, 2017.
| |
| − | *Domm, Patti (April 28, 2017). [https://www.cnbc.com/2017/04/28/trump-helped-make-stock-market-a-winner-in-first-100-days-but-the-next-100-could-be-harder.html Trump helped make stock market a winner in first 100 days, but the next 100 could be harder]. ''CNBC''. Retrieved May 16, 2017.</ref>
| |
| − |
| |
| − | On June 1, 2017, the same day President Trump announced his decision to withdraw from the Paris Climate Agreement, and the day after,<ref>Witkowski, Wallace; Mahmudova, Anora (June 2, 2017). [https://www.marketwatch.com/story/us-stocks-poised-to-bust-out-new-records-as-optimism-about-payrolls-data-builds-2017-06-02?dist=markets Stock market closes at records as tech leads gains]. ''MarketWatch''. Retrieved June 3, 2017.</ref> the stock market rose strongly, mainly due to news of increased economic growth.<ref>Multiple references:
| |
| − | *Mikolajczak, Chuck (June 1, 2017). [https://www.reuters.com/article/us-usa-stocks-idUSKBN18S4W5 Wall Street rises as data points to accelerating economy]. ''Reuters''. Retrieved June 3, 2017.
| |
| − | *Owusu, Tony (June 1, 2017). [https://www.thestreet.com/story/14159220/1/solar-coal-stocks-react-to-trump-s-exit-from-paris-climate.html Markets Close at Record High Following Trump's Paris Climate Accord Announcement]. ''TheStreet''. Retrieved June 3, 2017.
| |
| − | *[https://www.foxbusiness.com/markets/2017/06/01/wall-street-hits-record-highs-as-economy-seen-accelerating.html Wall Street hits record highs as economy seen accelerating].
| |
| − | ''Fox Business''. Retrieved June 3, 2017.
| |
| − | However, coal and oil stocks decreased on June 1:
| |
| − | *Rocco, Metthew (June 1, 2017). [https://www.foxbusiness.com/markets/2017/06/01/trumps-move-to-exit-paris-climate-pact-hits-oil.html Trump's move to exit Paris climate pact hits oil]. ''Fox Business''. Retrieved June 3, 2017.
| |
| − | *Campos, Rodrigo; Groom, Nichola (June 1, 2017). [https://www.reuters.com/article/us-usa-climatechange-winners-idUSKBN18R2BO U.S. coal stocks fall; exit from climate deal may hurt, not help]. ''Reuters''. Retrieved June 3, 2017.</ref>
| |
| − |
| |
| − | Of course, the stock market did not see only growth during the Trump Administration; on May 17, 2017, for example, the Dow Jones fell 372 points (1.78%) due to the fallout from the [[James Comey]] controversy.<ref>Craig, Victoria (May 17, 2017). [https://www.foxbusiness.com/markets/2017/05/17/trump-comey-turmoil-socks-wall-street-stocks-see-worst-day-in-eight-months.html Trump-Comey Turmoil Socks Wall Street, Stocks See Worst Day in Eight Months]. ''Fox Business''. Retrieved May 17, 2017.</ref>
| |
| − |
| |
| − | == Trump effect on Chinese markets ==
| |
| − |
| |
| − | Due to [[Donald Trump]]'s return weighing on markets, in January 2025, China rushes to reassure investors as equities and renminbi fall.<ref>[https://www.ft.com/content/87d95035-f123-455a-bb28-9a062b2de084 China rushes to reassure investors as equities and renminbi fall], Financial Times, January 2025</ref> Trump’s threat of dramatically increased [[tariff]]s on Chinese exports is affected Chinese markets.
| |
| | | | |
| | ==Recognition of bias by the [[mainstream media]]== | | ==Recognition of bias by the [[mainstream media]]== |
| Line 118: |
Line 94: |
| | *Price, Bob (July 8, 2017). [https://www.breitbart.com/texas/2017/07/08/border-crossings-at-historic-lows-up-from-last-month/ Border Crossings at Historic Lows, Up from Last Month]. ''Breitbart News''. Retrieved July 8, 2017. | | *Price, Bob (July 8, 2017). [https://www.breitbart.com/texas/2017/07/08/border-crossings-at-historic-lows-up-from-last-month/ Border Crossings at Historic Lows, Up from Last Month]. ''Breitbart News''. Retrieved July 8, 2017. |
| | *Price, Bob (July 10, 2017). [https://www.breitbart.com/texas/2017/07/10/border-apprehension-families-minors-increase-substantially-june/ Border Apprehension of Families, Minors Increase Substantially in June]. ''Breitbart News''. Retrieved July 10, 2017.</ref> | | *Price, Bob (July 10, 2017). [https://www.breitbart.com/texas/2017/07/10/border-apprehension-families-minors-increase-substantially-june/ Border Apprehension of Families, Minors Increase Substantially in June]. ''Breitbart News''. Retrieved July 10, 2017.</ref> |
| | + | |
| | + | ==Trump and the stock market== |
| | + | Despite expectations that Trump's election victory would cause the markets to plunge, the [[Dow Jones Industrial Average]] actually performed very strongly, closing at the highest level it had ever reached in history after the second day.<ref name="MarketRally">La Monica, Paul R. (November 10, 2016). [https://money.cnn.com/2016/11/10/investing/markets-stocks-donald-trump-rally/index.html The 'yuge' Donald Trump market rally continues]. ''CNN Money''. Retrieved November 10, 2016.</ref> It is rare for the stock market to rise immediately after a U.S. presidential election regardless of the winner.<ref name="MarketRally"/> The stock market had its best week in five years due to the optimism of a Trump presidency.<ref>Craig, Victoria (November 11, 2016). [https://www.foxbusiness.com/markets/2016/11/11/trump-optimism-propels-dow-to-best-week-in-five-years.html Trump Optimism Propels Dow to Best Week in Five Years]. ''Fox Business''. Retrieved November 12, 2016.</ref> |
| | + | |
| | + | Trump was very busy in his first week and showed he was serious about his campaign promises. This caused the [[stock market]] to increase, and the [[Dow Jones]] passed 20,000 points for the first time in its history.<ref>Imbert, Fred (January 25, 2017). [https://www.cnbc.com/2017/01/25/us-markets.html Dow closes above 20,000 for first time as Trump orders send stocks flying]. ''CNBC''. Retrieved January 25, 2017.</ref><ref>Craig, Victoria (January 25, 2017). [https://www.foxbusiness.com/markets/2017/01/25/dow-races-past-20k-in-reinvigorated-trump-rally.html Dow Races Past 20K in Reinvigorated Trump Rally]. ''Fox Business''. Retrieved January 25, 2017.</ref> It had been only 42 days since the Dow Jones passed 19,000 points, making it the second-fastest 1,000 point move of the Dow in its history.<ref>Decambre, Mark (January 25, 2017). [https://www.marketwatch.com/story/dow-cracks-20000-milestone-intraday-for-the-first-time-2017-01-25 Dow clambers above 20,000 — marks 2nd-fastest run to a milestone in history]. ''MarketWatch''. Retrieved May 18, 2017.</ref> On March 1, 2017, the day after Trump made his first address to a joint-session of Congress, the stock market rose dramatically again, with the Dow Jones passing the 21,000 mark for the first time in history.<ref>Witkowski, Wallace; Mahmudova, Anora (March 1, 2017). [https://www.marketwatch.com/story/wall-street-stocks-set-to-resume-rally-on-fed-rate-hike-hopes-trump-relief-2017-03-01 Dow closes above 21,000 as stocks soar after Trump speech]. ''MarketWatch''. Retrieved March 1, 2017.</ref><ref>Holcomb, John (March 1, 2017). [https://townhall.com/tipsheet/justinholcomb/2017/03/01/stock-market-booms-past-21000-for-the-first-time-in-history-n2292388 The Trump Bump: Stock Market Hits 21,000 for the First Time in History]. ''Townhall''. Retrieved March 1, 2017.</ref><ref>DeSoto, Randy (March 1, 2017). [http://www.westernjournalism.com/stock-market-hits-new-high-follow-trumps-speech-to-congress/ Stock Market Hits New High Following Trump’s Speech To Congress]. ''Western Journalism''. Retrieved March 1, 2017.</ref> The stock market had one of the best performances in the [[first 100 days]] of Trump's presidency compared to the first 100 days of previous presidents in U.S. history.<ref>Multiple references: |
| | + | *Carney, John (May 1, 2017). [https://www.breitbart.com/economics/2017/05/01/trumps-first-100-days-stock-markets-best-ever-expansionary-rally/ Donald Trump’s First 100 Days: Stock Market’s Best-Ever Expansionary Rally]. ''Breitbart News''. Retrieved May 1, 2017. |
| | + | *Craig, Victoria (April 28, 2017). [https://www.foxbusiness.com/markets/2017/04/28/trumps-first-100-days-gets-from-wall-street-b-from-main.html Trump's First 100 Days Gets an 'A' from Wall Street, 'B' from Main]. ''Fox Business''. Retrieved May 16, 2017. |
| | + | *Egan, Matt (April 28, 2017). [https://money.cnn.com/2017/04/28/investing/trump-rally-wall-street-100-days/ Trump rally is 2nd best since JFK]. ''CNN Money''. Retrieved May 16, 2017. |
| | + | *Domm, Patti (April 28, 2017). [https://www.cnbc.com/2017/04/28/trump-helped-make-stock-market-a-winner-in-first-100-days-but-the-next-100-could-be-harder.html Trump helped make stock market a winner in first 100 days, but the next 100 could be harder]. ''CNBC''. Retrieved May 16, 2017.</ref> |
| | + | |
| | + | On June 1, 2017, the same day President Trump announced his decision to withdraw from the Paris Climate Agreement, and the day after,<ref>Witkowski, Wallace; Mahmudova, Anora (June 2, 2017). [https://www.marketwatch.com/story/us-stocks-poised-to-bust-out-new-records-as-optimism-about-payrolls-data-builds-2017-06-02?dist=markets Stock market closes at records as tech leads gains]. ''MarketWatch''. Retrieved June 3, 2017.</ref> the stock market rose strongly, mainly due to news of increased economic growth.<ref>Multiple references: |
| | + | *Mikolajczak, Chuck (June 1, 2017). [https://www.reuters.com/article/us-usa-stocks-idUSKBN18S4W5 Wall Street rises as data points to accelerating economy]. ''Reuters''. Retrieved June 3, 2017. |
| | + | *Owusu, Tony (June 1, 2017). [https://www.thestreet.com/story/14159220/1/solar-coal-stocks-react-to-trump-s-exit-from-paris-climate.html Markets Close at Record High Following Trump's Paris Climate Accord Announcement]. ''TheStreet''. Retrieved June 3, 2017. |
| | + | *[https://www.foxbusiness.com/markets/2017/06/01/wall-street-hits-record-highs-as-economy-seen-accelerating.html Wall Street hits record highs as economy seen accelerating]. |
| | + | ''Fox Business''. Retrieved June 3, 2017. |
| | + | However, coal and oil stocks decreased on June 1: |
| | + | *Rocco, Metthew (June 1, 2017). [https://www.foxbusiness.com/markets/2017/06/01/trumps-move-to-exit-paris-climate-pact-hits-oil.html Trump's move to exit Paris climate pact hits oil]. ''Fox Business''. Retrieved June 3, 2017. |
| | + | *Campos, Rodrigo; Groom, Nichola (June 1, 2017). [https://www.reuters.com/article/us-usa-climatechange-winners-idUSKBN18R2BO U.S. coal stocks fall; exit from climate deal may hurt, not help]. ''Reuters''. Retrieved June 3, 2017.</ref> |
| | + | |
| | + | Of course, the stock market did not see only growth during the Trump Administration; on May 17, 2017, for example, the Dow Jones fell 372 points (1.78%) due to the fallout from the [[James Comey]] controversy.<ref>Craig, Victoria (May 17, 2017). [https://www.foxbusiness.com/markets/2017/05/17/trump-comey-turmoil-socks-wall-street-stocks-see-worst-day-in-eight-months.html Trump-Comey Turmoil Socks Wall Street, Stocks See Worst Day in Eight Months]. ''Fox Business''. Retrieved May 17, 2017.</ref> |
| | | | |
| | ==Foreign effects== | | ==Foreign effects== |
| Line 127: |
Line 123: |
| | *Emmott, Robin (June 28, 2017). [https://www.reuters.com/article/us-nato-defence-idUSKBN19J0ZW Trump effect? Europe's defense spending to rise faster in 2017]. ''Reuters''. Retrieved July 4, 2017. | | *Emmott, Robin (June 28, 2017). [https://www.reuters.com/article/us-nato-defence-idUSKBN19J0ZW Trump effect? Europe's defense spending to rise faster in 2017]. ''Reuters''. Retrieved July 4, 2017. |
| | *Banks, Martin (June 30, 2017). [http://www.defensenews.com/articles/defense-spending-increased-significantly-among-nato-allies Defense spending increased 'significantly' among NATO allies]. ''Defense News''. Retrieved July 4, 2017.</ref> | | *Banks, Martin (June 30, 2017). [http://www.defensenews.com/articles/defense-spending-increased-significantly-among-nato-allies Defense spending increased 'significantly' among NATO allies]. ''Defense News''. Retrieved July 4, 2017.</ref> |
| | + | |
| | + | ===Trump effect on Chinese markets=== |
| | + | |
| | + | Due to [[Donald Trump]]'s return weighing on markets, in January 2025, China rushes to reassure investors as equities and renminbi fall.<ref>[https://www.ft.com/content/87d95035-f123-455a-bb28-9a062b2de084 China rushes to reassure investors as equities and renminbi fall], Financial Times, January 2025</ref> Trump’s threat of dramatically increased [[tariff]]s on Chinese exports is affected Chinese markets. |
| | | | |
| | == See also == | | == See also == |