Difference between revisions of "Trump effect"

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==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.
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==Trump and the stock market==
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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). [http://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). [http://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>
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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). [http://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). [http://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). [http://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). [http://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:
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*Carney, John (May 1, 2017). [http://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.
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*Craig, Victoria (April 28, 2017). [http://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.
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*Egan, Matt (April 28, 2017). [http://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.
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*Domm, Patti (April 28, 2017). [http://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>
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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). [http://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:
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*Mikolajczak, Chuck (June 1, 2017). [http://www.reuters.com/article/us-usa-stocks-idUSKBN18S4W5 Wall Street rises as data points to accelerating economy]. ''Reuters''. Retrieved June 3, 2017.
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*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.
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*[http://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].
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''Fox Business''. Retrieved June 3, 2017.
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However, coal and oil stocks decreased on June 1:
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*Rocco, Metthew (June 1, 2017). [http://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.
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*Campos, Rodrigo; Groom, Nichola (June 1, 2017). [http://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>
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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). [http://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>
  
 
==Recognition of bias by the [[mainstream media]]==
 
==Recognition of bias by the [[mainstream media]]==

Revision as of 19:28, July 10, 2017

President Donald Trump

The Trump effect refers to events and trends that have occurred due to the election or influence of Donald Trump as United States President.

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.

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.[1] It is rare for the stock market to rise immediately after a U.S. presidential election regardless of the winner.[1] The stock market had its best week in five years due to the optimism of a Trump presidency.[2]

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.[3][4] 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.[5] 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.[6][7][8] 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.[9]

On June 1, 2017, the same day President Trump announced his decision to withdraw from the Paris Climate Agreement, and the day after,[10] the stock market rose strongly, mainly due to news of increased economic growth.[11]

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.[12]

Recognition of bias by the mainstream media

The Trump effect includes an overwhelming loss in trust by the public in the mainstream media, with the vast majority of people recognizing now that the media frequently lies to the public and is thoroughly tainted by liberal bias.[13]

Illegal immigration

Illegal immigration declined dramatically after Trump took office.[14][15] According to data released early in Trump's presidency, illegal border crossings decreased by 40% in the first month of Trump's presidency – a remarkable achievement, considering that illegal immigration usually increases by 10 to 20% in January and February.[16][17] In March, illegal immigration had fallen by over 60%.[18] By Trump's 100th day in office, levels were reported to have fallen by 73%.[19][20] The declining trend of border apprehensions (an indicator of the level of illegal immigration) continued through May.[21] It was reported in April that illegal immigration levels had fallen to the lowest point in 17 years.[20][22][23]

It was reported in May that the number of child illegal immigrants entering the nation monthly had fallen below 1,000, the first time in several years, and that total illegal immigration levels had fallen by 76%.[24] In six months, the illegal immigration of Haitians, specifically, into the U.S. declined by 97%.[25] Although not solely due to President Trump, illegal immigration from Cuba dropped dramatically in the beginning of Trump's presidency.[26] Illegal immigration dropped so much that U.S. Customs and Border Protection was able to close one of their temporary holding facilities.[27] As another illustration, a non-profit shelter organization for illegal immigrants, Southwest Key Programs, was forced to lay off nearly 1,000 of its employees due to the drop.[28] The drop in illegal immigration was probably due to the Trump effect[14][29][30] and tougher illegal immigration and deportation policies by the Homeland Security Department.[31][32]

Illegal immigration levels rose in June 2017, but they were still much lower than the previous year and at a six-year low.[33]

Foreign effects

The Trump effect also includes actions by foreign dictators to stop lying to the world, as when Cuba finally admitted that Fidel Castro was dead after ten years of denying it. The communist dictator did this just before President-elect Trump was to receive a briefing by the Obama Administration, which has long known that Fidel was dead as demonstrated by how Obama did not even mention, let alone meet, Fidel during Obama's trip to Cuba in early 2016.

See also

References

  1. 1.0 1.1 La Monica, Paul R. (November 10, 2016). The 'yuge' Donald Trump market rally continues. CNN Money. Retrieved November 10, 2016.
  2. Craig, Victoria (November 11, 2016). Trump Optimism Propels Dow to Best Week in Five Years. Fox Business. Retrieved November 12, 2016.
  3. Imbert, Fred (January 25, 2017). Dow closes above 20,000 for first time as Trump orders send stocks flying. CNBC. Retrieved January 25, 2017.
  4. Craig, Victoria (January 25, 2017). Dow Races Past 20K in Reinvigorated Trump Rally. Fox Business. Retrieved January 25, 2017.
  5. Decambre, Mark (January 25, 2017). Dow clambers above 20,000 — marks 2nd-fastest run to a milestone in history. MarketWatch. Retrieved May 18, 2017.
  6. Witkowski, Wallace; Mahmudova, Anora (March 1, 2017). Dow closes above 21,000 as stocks soar after Trump speech. MarketWatch. Retrieved March 1, 2017.
  7. Holcomb, John (March 1, 2017). The Trump Bump: Stock Market Hits 21,000 for the First Time in History. Townhall. Retrieved March 1, 2017.
  8. DeSoto, Randy (March 1, 2017). Stock Market Hits New High Following Trump’s Speech To Congress. Western Journalism. Retrieved March 1, 2017.
  9. Multiple references:
  10. Witkowski, Wallace; Mahmudova, Anora (June 2, 2017). Stock market closes at records as tech leads gains. MarketWatch. Retrieved June 3, 2017.
  11. Multiple references: Fox Business. Retrieved June 3, 2017. However, coal and oil stocks decreased on June 1:
  12. Craig, Victoria (May 17, 2017). Trump-Comey Turmoil Socks Wall Street, Stocks See Worst Day in Eight Months. Fox Business. Retrieved May 17, 2017.
  13. http://www.theblaze.com/contributions/these-5-shocking-stats-reveal-some-bad-news-for-the-mainstream-media/
  14. 14.0 14.1 Lajeunesse, William; Prabucki, Laura (May 11, 2017). Trump's tough immigration rhetoric slows illegal border crossings: 'We're at a trickle'. Fox News. Retrieved May 11, 2017.
  15. Bogan, Ray (June 9, 2017). Border Patrol arrests in 2017 break historical trend. Fox News. Retrieved June 10, 2017.
  16. Illegal border crossings decrease by 40 percent in Trump's first month, report says. Fox News. March 9, 2017. Retrieved March 31, 2017.
  17. Illegal border crossings from Mexico down 40%. Breitbart News. March 9, 2017. Retrieved March 31, 2017.
  18. Multiple references:
  19. Nolan, Lucas (April 29, 2017). Trump: ‘Illegal Immigration Down by Unprecedented 73%’. Breitbart News. Retrieved April 30, 2017.
  20. 20.0 20.1 Valverde, Miriam (April 25, 2017). Is illegal immigration the lowest in 17 years, as Trump said? PolitiFact. Retrieved April 30, 2017.
  21. Multiple references:
  22. L.A. Times: Southwest Border Crossings at ‘Lowest Point in at Least 17 Years’. Breitbart News. April 10, 2017. Retrieved April 11, 2017.
  23. Price, Bob (May 12, 2017). Mexican Border Apprehensions Hit 17-year Low. Breitbart News. Retrieved May 12, 2017.
  24. Dinan, Stephen; Noble, Andrea (May 9, 2017). Trump’s immigration enforcement helps slow illegal border crossings by 76%. The Washington Times. Retrieved May 9, 2017.
  25. Dinan, Stephen (April 16, 2017). Haitians get word of Trump crackdown, slow flow to border by 97%. The Washington Times. Retrieved April 20, 2017.
  26. Saavedra, Ryan (May 12, 2017). Cuban Migration Plummets to Zero in April. Breitbart News. Retrieved May 12, 2017.
  27. Price, Bob (February 15, 2017). Drop in Trump Era Border Crossings Shutters Detention Center. Breitbart News. Retrieved March 31, 2017.
  28. Price, Bob (May 22, 2017). Migrant Shelter Lays Off 1,000 after Border Crossings Drop. Breitbart News. Retrieved May 22, 2017.
  29. Sessions: Border crossings down 60 percent due to 'Trump's strong leadership'. Fox News. March 30, 2017. Retrieved March 31, 2017.
  30. Brown, Ben (April 12, 2017). Border Patrol Union President: Illegal Immigration Decline ‘Strictly’ Due to Trump. Fox Business. Retrieved April 20, 2017.
  31. Gibson, Jake (May 9, 2017). Border apprehensions plummet as DHS touts enforcement push. Fox News. May 9, 2017. Retrieved May 9, 2017.
  32. Kasperowicz, Pete (May 23, 2017). DHS: 'Historic shift' in border crossings since Trump's executive order. Washington Examiner. Retrieved June 23, 2017.
  33. Multiple references: