U.S. stocks under Trump mirror patterns seen during his first term. After volatile tariff-related moves, markets tend to stabilize—a phenomenon dubbed the "Trump equilibrium." Trump often touts record highs in the stock market, emphasizing his focus on the S&P 500. He has promised to keep stock levels elevated. Since U.S. households are heavily invested, any market disappointment could influence voter sentiment ahead of the midterm elections. More insights at MT in MAX.