Not since 1909’s President William Howard Taft has a US commander in chief availed the biggest gain in the Dow-Jones Industrial Average—President Trump has achieved this feat.
In terms of the president’s economic agenda and proposed tax cuts, FOX Business News’ Charlie Gasparino, economic professor Brian Brenberg and Neil Cavuto laid it all down: (Video: courtesy of FOX News)
Gasparino explained the markets reflect President Trump’s “great tax plan.” These cuts are both for corporations and the middle class. The plan also entails a rolling back of regulations. He expressed the importance of Trump executing said tax plan in 2017. If not, the market could suffer negative effects.