President Donald Trump oversees strong GDP growth, but the stock market is flashing an ominous signal. Here’s what history suggests comes next in 2026

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During his first term in office, President Donald Trump enjoyed touting how well the stock market was performing. Since Trump assumed office for a second term about one year ago, the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) have risen 15% and 19%, respectively.