Over the last year, while President Joe Biden was in office, Trump took credit for stock market rallies as a vote of confidence in his electoral prospects. When the market dipped, he blamed Biden and Vice President Kamala Harris. And he predicted that if Democrats won the 2024 presidential election, the stock market would have crashed.

We're just past the 50-day mark of Trump 2.0, and already the S&P 500 is on the cusp of its first 10% correction since late 2023. That's a starkly different start to the second Trump Administration than what many investors had expected,

The three aforementioned stocks have all notched gains so far in March, compared to a 3.1% drop for the S&P 500. The shift to staples has been dramatic enough to push the ratio of consumer staples stocks to consumer discretionary stock from a multiyear low to a multi-month high,