President Trump's first 100 days in office have been the worst for the stock market since the 1970s.
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00:00President Trump's 7.3 percent decline in his first 100 days in office does place him behind
00:07only Richard Nixon's 9.9 percent decline. And historically, whenever the first 100 days
00:14return has been below average, which was around 3 percent, then for the full year,
00:22the market actually posted an average decline with, from a party perspective, a nearly 10 percent
00:31decline for Republican presidents. We saw big declines for Eisenhower, for Nixon, for Bush 43.
00:40So history would essentially say we have to hold on to our hats for 2025. But I think that because
00:47this is more of a manufactured correction, because of the trade war, that should the U.S. decide to
00:55back off on some of its trade demands, that the risk is probably more to the upside than to the downside.