Trump Boom

Extracted Attributes

• Key Legislation

  One Big Beautiful Bill (Working Families Tax Cut Act)

• Economic Drivers

  Deregulation, international tariffs, and tax cuts

• Market Milestone

  Bitcoin exceeding $100,000 USD

• Primary Proponents

  All-In Podcast hosts, Scott Bessent (Treasury Secretary)

• Predicted GDP Growth

  5-6% per annum

Timeline

• Donald Trump wins reelection; the stock market 'Trump bump' begins as investors anticipate pro-business policies. (Source: CNN)

  2024-11-06

• Bitcoin surpasses $100,000 for the first time, signaling optimism about the Trump administration's agenda. (Source: CNN)

  2024-12-05

• Inauguration of Donald Trump as the 47th US President. (Source: CNN)

  2025-01-20

• Reports indicate a 2025 productivity boom is fueling a continued growth surge into 2026. (Source: Axios)

  2026-01-08

• Reuters reports that US factory headcount has fallen for eight months despite the promised manufacturing boom. (Source: Reuters)

  2026-01-09

Donald Trump

Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party, he served as the 45th president from 2017 to 2021. Born into a wealthy New York City family, Trump graduated from the University of Pennsylvania in 1968 with a bachelor's degree in economics. He became the president of his family's real estate business in 1971, renamed it the Trump Organization, and began acquiring and building skyscrapers, hotels, casinos, and golf courses. He also launched side ventures, many licensing the Trump name, and filed for six business bankruptcies in the 1990s and 2000s. From 2004 to 2015, he hosted the reality television show The Apprentice, bolstering his fame as a billionaire. Presenting himself as a political outsider, Trump won the 2016 presidential election against Democratic Party nominee Hillary Clinton. During his first presidency, Trump imposed a travel ban on seven Muslim-majority countries, expanded the Mexico–United States border wall, and enforced a family separation policy on the border. He rolled back environmental and business regulations, signed the Tax Cuts and Jobs Act, and appointed three Supreme Court justices. In foreign policy, Trump withdrew the U.S. from agreements on climate, trade, and Iran's nuclear program, and initiated a trade war with China. In response to the COVID-19 pandemic from 2020, he downplayed its severity, contradicted health officials, and signed the CARES Act. After losing the 2020 presidential election to Joe Biden, Trump attempted to overturn the result, culminating in the January 6 Capitol attack in 2021. He was impeached in 2019 for abuse of power and obstruction of Congress, and in 2021 for incitement of insurrection; the Senate acquitted him both times. In 2023, Trump was found liable in civil cases for sexual abuse and defamation and for business fraud. He was found guilty in 34 counts of falsifying business records in 2024, making him the first U.S. president convicted of a felony. After winning the 2024 presidential election against then-vice president Kamala Harris, he was sentenced to a discharge, and two felony indictments against him for retention of classified documents and obstruction of the 2020 election were dismissed without prejudice. Trump began his second presidency by pardoning around 1,500 January 6 rioters and initiating mass layoffs of federal workers. He imposed tariffs on nearly all countries at the highest level since the Great Depression and signed the One Big Beautiful Bill Act. His administration's actions—including the targeting of political opponents and civil society, the persecution of transgender people, the mass deportation of immigrants, and the extensive use of executive orders—have drawn over 300 lawsuits challenging their legality. Since 2015, Trump's leadership style and political agenda—often referred to as Trumpism—have reshaped the Republican Party's identity. Many of his comments and actions have been characterized as racist or misogynistic. He has made many false or misleading statements during his campaigns and presidency, to a degree unprecedented in American politics. He promotes conspiracy theories. Trump's actions, especially in his second term, have been described as authoritarian and contributing to democratic backsliding. After his first term, scholars and historians ranked him as one of the worst presidents in American history.

Web Search Results

• How the stock market has responded to Trump's first 100 days in office

  ## Global markets plunge in response to Trump's tariffs US stock futures plunge. Dow futures drop more than 1,100 points, or 2.7%. Markets in Asia also tumble. “The markets are going to boom, the stock is going to boom, the country is going to boom. And the rest of the world wants to see if there’s any way that they can make a deal, they’ve taken advantage of us for many many years, for many years we’ve been at the wrong side of the ball, and I tell you what, I think it’s going to be unbelievable.” – Trump speaking on the South Lawn of the White House Apr 3 ## Stocks drop as investors digest Trump's tariffs Wall Street is rattled by a steep sell-off as investors try to make sense of Trump's escalating trade war. [...] Nov 6 ### 2024 ## Donald Trump wins reelection Trump makes a momentous political comeback, breaking through the "blue wall" to win 312 electoral votes. Trump becomes only the second US president in history to be elected to non-consecutive terms, following Grover Cleveland (the 22nd and 24th US president). ## The "Trump bump" The stock market soars on Wall Street's expectations for a pro-business Trump administration that will cut red tape and boost economic activity. Nov 6 Dec 5 ### 2024 ## Bitcoin crosses $100,000 Bitcoin, the world's largest cryptocurrency, surpasses $100,000 for the first time ever, signaling optimism about a "Trump bump" that will boost investments associated with Trump's agenda. ## The US stock market opens for the New Year [...] ## The US stock market opens for the New Year After the S&P 500 gained 23% across 2024, and 24% across 2023, investors are unsure whether the good times can keep rolling. Yet hopes for a pro-business boom under Trump's second term keep spirits elevated on Wall Street. Jan 2 Jan 20 ### 2025 ## Inauguration Day ## The market is closed for MLK Day Trump's inauguration as the 47th US president coincides with Martin Luther King, Jr. Day, a federal holiday, when the US stock market is closed. ## Trump announces tariffs but market rallies

• The two risks from the 2025 productivity boom - Axios

  Axios 21 hours ago - Economy # The two risks from the 2025 productivity boom Neil Irwin Add Axios on Google Add Axios as your preferred source to see more of our stories on Google. Add Axios on Google The Trump administration and the Federal Reserve are both counting on a 2025 productivity boom continuing through 2026 and fueling a continued growth surge. There are two key risks: One is that it doesn't happen; the other is that it does. The big picture: Companies have been able to grow output rapidly over the last couple of years — including in the most recent quarterly reading out Thursday morning — without needing much more labor to do it.

• Trump's tariff boom hits record highs as Supreme Court ... - Fox News

  Trade # Trump's tariff boom hits record highs as Supreme Court showdown looms ## During oral arguments in November, both conservative and liberal justices expressed doubts about the tariffs' legality By Amanda Macias Fox News Published Facebook Twitter Threads Flipboard Comments Print Email Add Fox News on Google close Video #### Trump says dividend checks generated by tariffs coming in 2026 U.S. Trade Rep. Jamieson Greer joins 'The Sunday Briefing' to discuss the feasibility of President Donald Trump's dividend checks generated by international tariffs, affordability concerns and U.S.-China trade relations. NEWYou can now listen to Fox News articles! [...] + FOX News Shows + Programming Schedule + On Air Personalities + Full Episodes + Show Clips + News Clips #### Apps & Products + FOX News Go + FOX Weather + FOX Nation + FOX Noticias + FOX News Shop + FOX News Radio + Outkick + FOX News Newsletters + FOX News Podcasts + FOX One #### Games + Scattergories Daily + 5 Across the Letter Word Game + DownWords + Sudoku + Swap Words + Word Search + Icon Match + Daily Crossword Puzzle + Mini Crossword Puzzle #### Deals + Holiday Shopping + Gift Guides + Home Deals + Kitchen Deals + Tech and Electronic Deals + Health and Fitness Deals + Beauty and Fashion Deals #### FOX Business [...] Fox News Expand / Collapse search Log In Watch TV #### Games + Scattergories Daily + 5 Across the Letter Word Game + DownWords + Sudoku + Swap Words + Word Search + Icon Match + Daily Crossword Puzzle + Mini Crossword Puzzle #### Deals + Holiday Shopping + Gift Guides + Home Deals + Kitchen Deals + Tech and Electronic Deals + Health and Fitness Deals + Beauty and Fashion Deals #### FOX Business + Economy + Personal Finance + Markets + Watchlist + Lifestyle + Real Estate + Tech #### Science & Tech + Air & Space + Security + Innovation + Video Games + Military Tech + Planet Earth + Wild Nature #### Watch Live

• US factory headcount falling despite Trump's promised ... - Reuters

  The reshuffling has certainly occurred, with the U.S. collecting around $30 billion a month in tariff revenue, spread among U.S. consumers, importers, and overseas exporting firms, and as firms first frontloaded goods abroad to stock their shelves with tariff-skirting inventory, then slowed their purchases and brought down U.S. import levels. Read about innovative ideas and the people working on solutions to global crises with the Reuters Beacon newsletter. Sign up here. Advertisement · Scroll to continue Report AdImage 3 But the blue-collar jobs boom hasn't materialized, adding to thesoured sentimentabout Trump's economic policies among households concerned about still-rising prices and uncertainty about the labor market. [...] US factory headcount falling despite Trump's promised manufacturing boom | Reuters Skip to main content Report AdImage 1 Exclusive news, data and analytics for financial market professionals Learn more about Refinitiv - U.S. manufacturing jobs in December continued an eight-month skid that began last spring after President Donald Trump rolled out aggressive import taxes that he pledged would lead to a resurgence of blue-collar jobs by reshuffling world trade to favor U.S. workers.

• Remarks by Secretary of the Treasury Scott Bessent before the ...

  ### Conclusion Taken together, President Trump’s policies have delivered a historic economic comeback in record time. Where the previous administration created stagnation and privation, this President has unleashed investment, innovation, and rising incomes. The result is an American economy that is stronger, more resilient, and more affordable for working families. With capital flowing, productivity surging, and prices easing, the stage is set for robust, non-inflationary growth in 2026. The Trump economy is back—and its best days are still ahead. President Trump has charted the course for economic renewal; now it’s up to individual states to follow it. Minnesota should lead the way. [...] The Fed needs to have merely an open mind. The open-mind maestro, former Fed Chairman Alan Greenspan, resisted premature rate hikes during the technology boom of the 1990s—and history proved him right. #### Innovation Innovation is the second I designed to boost businesses and improve quality of life for American families under President Trump. The Biden administration displayed outright hostility to America’s innovators and entrepreneurs. An endless string of regulations increased compliance costs, and heavy taxes made it more expensive than ever to do business. But President Trump has fixed that. [...] President Trump inherited these very problems when he took office last January—and he has since fixed them one by one. In just one short year, President Trump has delivered a historic economic turnaround to put our country back on the path to prosperity. In 2025, the President laid the foundation for powerful economic growth with: the historic passage of the One Big Beautiful Bill, which is actually the Working Families Tax Cut Act; trade deals that rewrote decades of global misalignment; and an ambitious deregulation agenda that empowered American entrepreneurs and businesses. Now, in 2026, we will reap the rewards of President Trump’s America First agenda. ### Looking Back: The Biden Economy