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109 days

Opinion: No, Donald Trump. This is not Joe Biden’s stock market. It’s yours. - MarketWatch

1. Trump blames Biden for current stock market turmoil and economic downturn. 2. DJIA dropped under Trump's administration, losing 3,000 points since taking office. 3. Biden's term saw DJIA rise over 12,000 points, contrasting Trump's performance. 4. U.S. consumer confidence is at a five-year low due to economic uncertainty. 5. Trade wars and policy uncertainties have historically impacted market performance.

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FAQ

Why Bearish?

The article emphasizes a downturn in the DJIA under Trump, painting a negative outlook. Historically, political instability and economic uncertainty correlate with market declines.

How important is it?

The combination of lowered consumer confidence and DJIA's performance under Trump's presidency suggests a significant immediate impact on market sentiment.

Why Short Term?

Consumer confidence and investor sentiment can react quickly to political events. Given current conditions, immediate reactions in the stock market are likely.

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