Cramer reviews the 10 top-performing stocks since Trump's election [CNBC]
Churchill Capital Corp V Class A (CCV)
US:NYSE Investor Relations:
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Source: CNBC
Plenty of investors are wondering whether President Donald Trump is to thank for the stock market's monster rally since his election in 2016. But CNBC's Jim Cramer had some other ideas. True, the S&P 500 index is up 21 percent since Trump's election. But the Japanese Nikkei has rallied 33 percent, the German DAX is up nearly 28 percent, the South Korean Kospi has gained 27 percent and the Hong Kong Hang Seng ran 26 percent over the same period. None of those moves are about Trump, the Mad Money host said. The truth is, when you've got a synchronized global economic expansion, stocks tend to roar higher the world over, often regardless of the politics or style or even substance of the leader[s]. But rather than pressuring major steel producers like China and South Korea to stop dumping (keeping costs artificially low to suppress competition), Trump has adopted a different strategy. The president has been a terrific salesman for our internation
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