In the US, the president (wrongly) gets evaluated on the economy, as if he were the only one that controls it, and as if it responded almost instantly to his direction. It's false every time, whether praise or blame, whatever the party of the president.
In particular, in this case, the rise started before Trump assumed office, so it seems reasonable to say that no, he didn't cause it.
In particular, in this case, the rise started before Trump assumed office, so it seems reasonable to say that no, he didn't cause it.