While president-elect Donald Trump's post-election stock market gains are among the greatest in US History, he faces an uphill battle tomorrow as he steps to dais for inauguration. In the last 80 years, newly-elected presidents have seen inauguration-day-losses, two-thirds of the time.
But faces a problem tomorrow in maintaining that exuberance as the following table shows only 33.3% of newly-elected inauguration days were winners, losing on average 0.9%…
Source: @AlmanacTrader
(NOTE: the 5.28% plunge on the day of Obama's first inauguration)
And while analogies to Reagan remain common, we wonder just what happens when (or if) Trump cannot live up to the expectations already priced in…
Good luck.
via http://ift.tt/2iGB4ju Tyler Durden