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Stock Market having little impact on polling mood of people

A record high does not usually go unnoticed by the administration that sits in the White House.

Only in the previous week the major indices in the United States were in the mood to rally and President Trump did not shy away from firing off one more tweet to celebrate this news.

This is a trend which has become familiar now. The president as per records has tweeted in relation to stock markets a minimum of 117 times. Every time there is a major move, Trump has been quick to tie it to the policies of his administration and has multiple times used it in the form of a hammer to target his rivals.

The question on everyone’s mind though is whether this rally by Trump is actually going to end up helping his cause.

In a poll which had been conducted, a result has come out which shows that a large majority of the Americans, a little over 60% feel that the rally of the stock market is going to have negligible impact on their finances.

This poll has also suggested that most of the Americans do not have any idea about what is going on in the stock markets as just 40% of the people who had been polled saying that they had been aware about the stock market rising in value ever since the year began.

Further, just 32 % of the ones who had been polled said that they are in a better position now than they were when Trump had taken over while 31% of them had said that they had been worse off. There were 37% who had said that they were at the same level they had been at the time Trump inaugurated.

Gary Swords
Gary Swords Subscriber
Contributing Author At Market Research 24

Gary has a total experience of 6 years in the field of Technology. He has completed Engineering Degree and is actively involved in the writing field from the last 5 years. He works as the Contributing Author at Market Research 24’s Technology section and believes that a writer is not just a wordsmith and one should enter into the field of writing only if they have a passion to write. With a combination of stronghold on the writing field and giant experience, he easily carries out all the activities skillfully. At the same time, he always gives first preference to the work satisfaction and sees that all team members give 100% to their work.

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