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originally posted by: JBurns
a reply to: toysforadults
And that has what to do with the DJIA? Or the fact that the left's talking point of "the DOW is at its worse since 2008" is provably wrong. Simply looking at the chart shows a much clearer picture, along with the stagnation present all throughout the wasted Bush/Obama years. Trump steps into the picture (along with other factors, obviously) and those numbers sky rocket.
No, it isn't solely Trump. It is common sense Republican pro-business deregulated economics.
U.S. stocks closed steeply lower Friday, as investors remained gripped by fears of a partial government shutdown, rising interest rates and slowing global growth, helping punctuate five days of selling that ranks as the Dow’s worst week since the height of the financial crisis in October of 2008.
originally posted by: Middleoftheroad
It was at 19,827.25 on Inauguration Day. Nevermind that fact that the fed has raised rates 10X what they were during Obama's entire 8 years in office. The fed also added about 3.5 Trillion into the stock market while Obama was in office. Lets add that much to the market now from the fed and drop the rates down to .25% again and see how Trumps stock market is doing compared to Obama's.
originally posted by: olaru12
a reply to: JBurns
I don't care what you say. I'm out of the mkt. Trickle down has never worked and trump can't make it work this time; coupled with a trade war, it's gonna get ugly.
Anyone with any sense at all will get out while they still can.