But if you're the type of investor who looks for things to regret, pay no attention to the rest of the world's stock markets. The MSCI World ex-USA index — that is, all the stock markets except the U.S. — gained more than 32% last year, nearly double the percentage gains of U.S. markets. "The stock market has set 53 all-time record highs since the election," he said in his State of the Union address Tuesday. From Jan. 17, 2025, the last day before Trump's inauguration, through Thursday's close, the MSCI US stock index gained a cumulative 16.3%. Economic conditions change, and often the stock markets march to their own drummers.

Source: Los Angeles Times February 28, 2026 05:09 UTC