Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Tuesday, December 17, 2019

Trump 10,000: Dow posts milestone high since 2016 election

The stock market has never been higher than it has been under President Trump.

Stocks reached a record high on Monday as the Dow Jones Industrial Average rose above 28,322 to begin the week, marking a 10,000-point gain since Election Day in 2016.

In 2019, markets looked shaky at the end of quarter two before rebounding more than 11% from August lows. Gains have been sustained by the passage of the United States-Mexico-Canada trade deal and positive trade talks with China.

More

7 comments:

Anonymous said...

What if I told you that Trump is not responsible for Dow at 10,000 just like Obama was not responsible for the recession.....

Anonymous said...

When the Fed keeps borrowing in "the best economy ever!!!" what do you expect. Debt doesn't matter anymore to Republicans. Aren't you supposed to pay down debt when you have this good economy? Or is it not politically expedient

Anonymous said...

Seems to me I recall predictions that the markets would crash and burn if Trump were elected. Oh, you wise and knowledgeable fools.

Anonymous said...

Mortimer, Get back in there and sell!!!
Trading Places... the best Christmas film that never gets credit.

Anonymous said...

11:12 It's funny you say that. Obama did very little to help the overall US economy grow. His shining achievement over 8 years was a failed health-care bill, affectionately named after him (and maybe getting blacks to hate cops and NFL players kneel for the national anthem)
But, Trump ran on lowering taxes for corporations, with the expectations that lower taxes would mean more investment in new equipment and employees. The latter is not deniable, since we now have the highest employment figures in our nation's history. The added money in corporation coffers have boosted earnings like we've never seen before and it's helping ALL of us.
So, maybe Trump DID have something to do with the record stock market after-all.

Anonymous said...

The Fed manages the markets
All markets are rigged

Anonymous said...

The only difference is that obama was responsible for the recession