John Authers, Columnist

Bondi Beached — OK, Let’s Talk About the Dow

The market’s performance under Trump 2.0 is no better than other recent presidencies.

February 17, 2026 at 4:00 AM UTC

John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.”

As we’ve said before, the Dow is a terrible measure of the stock market.
Photographer: Win McNamee/Getty

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