The Atlantic

What on Earth Is Going On With the Stock Market?

Millions of Americans are worried that Donald Trump is an ominous figure. Investors have another theory: maybe not.
Source: Andrew Harnik / AP

Donald Trump so permeates the collective consciousness of the country that it is hard to imagine now living in a world without him. But there is one place where the president seems to be relatively invisible—the U.S. stock market.

The Dow, S&P, and Nasdaq have set record highs in the months after Trump’s election. On Thursday, the Dow has its tenth consecutive record closing in a row, at 20,810. This is happening, despite the fact that investors seemed terrified of a Trump

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