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Trump Bull Market Bounty Tops $1 Trillion as Bear Case Mutes

  • Rally since election is biggest for new president since Reagan
  • Wall Street strategists turn bullish seeing 5.7% gain in 2017
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Can Trump's Policies Match Investor Expectations?

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Donald Trump is doing to U.S. equity bears what seven years of economic stimulus rarely could: shut them up.

Two years of paralysis has for now ended in stocks, with more than $1 trillion added to shares values since Election Day and the Dow Jones Industrial Average looking bound for 20,000. Both the Dow and S&P 500 Index jumped to fresh records Wednesday, joined by transportation companies and small caps, while banks traded at eight-year highs.