Financial Focus: Trump Says He Caused 25% Growth in Your 401(k)
It’s amazing! The same people who march in the streets against our President could be the ones benefiting the most if they have a 401(k) plan invested in stocks at their job. Since the election, the market has grown, year over year, 25 percent, the through biggest since 1936, according to a recent Goldman Sachs report. The highest, year over year, at 38 percent, came during the presidency of Ronald Reagan, followed by Bill Clinton at 30 percent and John F. Kennedy at 27 percent. What did Ronald, John and now Donald have in common? They believed in supply-side economics.
