Trump unexpectedly held a 63-second press conference

frontier.yahoo.com...

President Trump: "I just want to congratulate everybody. The stock market Dow Jones Industrial Average just hit 30,000 which is the highest in history. We've never broken 30,000 and that's just despite everything that's taken place with the pandemic."

The article goes on to say

Trump congratulated his administration and, "most importantly," the American people for the milestone, and then walked out of the room. The entire event lasted just over one minute, which CNN's Jim Acosta described as the "shortest briefing ever." Reporters, as has been the case for the past several weeks, fired questions at him to no avail and were left scratching their heads.

Well duh.... It's all about him. He has no notion that the soaring stock market today might have something to do with the end of his presidency? Funny it would hit that mark a day after his GSA has given the go ahead to allow the next administration to begin transitioning to the White House.

a reply to: TerryMcGuire

Pretty sure the millions of people that have 401K and ira's are pretty damn happy about know so please explain how Trump being happy about that is a selfish thing?

side note Id be cash about now cause stocks are prime to tumble with this fraud the world is seeing...

a reply to: TerryMcGuire

Remember this in a couple years with biden running the show. We will have record lows in the stock market with the trillions in new taxes coming

a reply to: TerryMcGuire

It's almost certain the Market is up because the transition to Biden has started , Markets like certainty and business as usual provides certainty , I guess in a way he is responsible for that.

a reply to: sirlancelot

Because he wants people to believe it was because of his great policies andth that this high water mark took place while he was in office with no mention that it could only be because he is LEAVING office.

Everybody has accepted the fact it has gone up is because of the transition funding being released. Well everybody except Trump and his cronies.

His action was keeping the markets back, the irony. Or is it? Has he invested all of that money paid into the legal donation campaign on the markets? If he makes a billion, imagine how big the evidence will end up being.

He looked pretty confident..

a reply to: cognizant420

Even as you may be correct it really has little to do with the high speculation by the market at this time. I'm not saying that the stock market is a good thing or a bad thing, just that it is what it is, a gambling casino, and right now those gamblers are not placing bets on Trump.

a reply to: gortex

Gains this week for the Dow come were mostly fueled by fresh reports on progress toward a vaccine, with the University of Oxford and AstraZeneca saying their coronavirus vaccine candidate was found to have as much as a 90% efficacy rate in preventing infections without serious side effects in a late-stage trial

MARKETWATCH

This brought to you by Operation Warp Speed so yes, thank you President Trump.

a reply to: underpass61

This brought to you by Operation Warp Speed so yes, thank you President Trump.

The Dow’s DJIA, 1.41%, on Tuesday, was sparked by further news of progress on an effective remedy for COVID-19 and progress toward a transition to the presidency of former Vice President Joe Biden.

Indeed.

a reply to: TerryMcGuire

Well, we are watching monopoly money being gambled with....that Trump signed off on.

My largest complaint from the current administration.


From that monopoly money can only be a bubble. Bubbles only do one thing....pop.

a reply to: sirlancelot

My thoughts exactly no matter who carries this election January and Febuary will be nasty. In addition, the drop will continue if Biden carries the election. Nobody in their right mind would invest in an economy ran by Biden hell nobody in their right mind would have voted for him.

Secured my nest eggs today by moving them out before the big suck.

a reply to: gortex


I think you are a good Joe, but this thought you have is kind of not real.

I hope time will tell.

a reply to: JinMI

This is likely true. However I have to wonder. We, us humans, changed from barter to metal symbols to paper symbols for the metal. Then we changed from paper to digital, flipped from gold to silver and on into fiat money. Now digital money. I don't know what the hell is going on. Maybe they are hoping that the overall health of an economy can no longer be ascertained by debt but rather by the robustness of an economy and damn the debt. I'm at a loss to do anything other than wildly speculate.

a reply to: TerryMcGuire

Everyone is trying to make as much money as possible before the turnover.

After that the markets will tank as businesses leave in droves because of obama like over regulation. Which will drive the population into poverty and despair.

You know the kind democrats love equal misery for all.

Here we go again!

Looks like Its now bidens economy which is causing the up, but when Trump took over it was obamas, all the way up until March 2020. Kinda crazy view point to have!

The market has done so well because of 8 years of Obama rolled into what we have seen these last 4 years and of course Biden will continue Obama's success, Republicans are only responsible for anything bad that happens...

Lol you all are so fun to listen to.

BTW 63 seconds???

How long will it be before Biden breaks that record?

originally posted by: 0bserver1
He looked pretty confident..

There are major operations underway, and the president needs to remain highly protected and out the public eye.

Remember, even some of the White House journalists are crazy Psychopaths.

a reply to: TerryMcGuire

Its easier to pay old debts with new money, so to speak.