"Trump put options" surge again, S&P 500 index soars.
According to the Wise Finance APP, investors who followed the "buy" advice of US President Donald Trump in the past month have enjoyed one of the biggest gains in the S&P 500 index. After Trump announced tariffs on April 2nd, the benchmark stock index plummeted. However, in the month following his statement on April 9th that now is a "good time to buy," the S&P 500 index has risen by 14%. Trump reiterated this view on May 8th, stating that the economic outlook warrants buying stocks on a large scale.
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