Skip to comments.The Dow's 31% gain during Trump's first year is the best since FDR!
Posted on 01/18/2018 11:55:24 PM PST by caww
The 30-stock index has surged more than 31 percent since Trump's inauguration. That marks the index's best performance during the first year of a president since Franklin Roosevelt. "You've got lower taxes, less regulation and confidence in the economy is high," said one investor. The S&P 500 has surged 23 percent during Trump's first year in office.
(Excerpt) Read more at cnbc.com ...
The Dow does have about 50% of the population investing in it.
The thing is, about 50% of the population, doesn’t have a dime in the Dow.
Those are the people, who really need help. And they don’t seem to be getting it at the moment.
Just gobs, and gobs, of stuff in every store, which is Made in China.
People who think the stock market is a measure of economic health are amusing but dangerously ignorant of why it failed to reflect Obama’s disastrous economic record.
Except this implies that FDR was successful with saving the economy, and he wasn’t, since he indeed made the Depression worse and long-lasting. It took over 2 decades to recover.
......”Those are the people, who really need help. And they dont seem to be getting it at the moment”....
You seem to be in a downer mode......sorry things aren’t possibly going your way their in Vietnam. maybe time to return to USA.
When stocks do well so do we....as you likely know. It’s a favorable indicator even for those not invested.
What goes up...
The faster the increase, the closer it is to major correction.
If I was Trump, I wouldn’t be bragging about the Stock Market...when it comes back down, he will wear that albatross.
For those invested it is certainly a measure of economic health to them and business. We had 8 yrs. of seeing Obama’s economic record...
We’re on the upswing and I’m enjoying seeing it happen.
I think it is as much as anything, also a result of Chinese investing in our market.
Which I’ve got mixed feelings about.
They’re not investing as much in our dollars directly now, but they have a lot to invest in our markets.
Just my opinion.
Good grief...I should of posted this tomorrow....you guys see the glass half empty!
Gloom and Doom.....you’re right...just your opinion.
Those investments were ahead of what a 60/40 stock/bond mix would have been until late 2016. Since Trump's election, they have fallen way behind, getting clobbered since the beginning of 2018, but at this stage, have no urge to chase returns.
People who think the stock market is a measure of economic health are amusing but dangerously ignorant of why it failed to reflect Obamas disastrous economic record.
Those are the people, who really need help. And they dont seem to be getting it at the moment.
They are getting help. You just don't want to see it.
I own a small business. I also have stock investments. None of my employees have any investments, despite the fact that I pay above prevailing wages. OTOH, they have JOBS, which is a direct result of me having successful investments.
Go ahead, tell me how they are not benefitting from the current good times?
There is a large section of people who are not employed as they once were.
They have been “downsized”.
A lot. A very lot. For the entire last generation, company after company have been sold and transferred to China, or elsewhere.
Those people do not want yet more of the same. They want to see things reverse.
That is what Trump ran on. NOBODY ELSE was willing to say a single word about that. Donald did.
And everyone liked it.
Now he won.
It is time to deliver. We do not want more of the same.
We want the warrior we voted for.
I think most historians would cite the period of 1920 to 1928 as a fantastic boom period in the US, with the same characteristics....some people speculating in the market or real estate, and getting rich...then most of these people fell in 1929.
I would suggest this though. This story of the week with Apple bringing $350 billion back into the US, and hiring up 20,000 new employees is a major factor for the next five to ten years. The other technology companies are stuck...they have to bring their money back as well, and play into the same strategy. With the exception of the college loan business...everything really looks great for jobs and growth for the next five years. Even if Trump retires in 2020...his effect on the economy will be felt for at least another five years.
Even the college loan business will benefit, as apple and others start hiring
The job market will improve to the point that even those that majored in xyz studies will find jobs.
We want the warrior we voted for......You got him. YOU will always demand for more and more.
I have been for Trump since before he even announced his candidacy, based on two major issues:
First off, Trump supports and has supported, a southern border wall. This was a big issue during the campaign, and Trump has been hammering it since he started running.
Still no wall.
Second Trump has been over, and over again very vocal that America has been saps, even suckers about global trade. He has been quite vocal about that. Since the beginning.
Last year was the single worst year, in China’s long-increasing trade surplus with America. The WORST YET.
So Trump has been running on two issues since the very beginning.
The southern border.
Global Trade, and particularly with China.
Thus far, nothing has happened really, on either of those two issues.
I really am only concerned with those two issues.
I have been with Trump from the beginning. Why isn’t he acting on these two issues?
Sure there are lots of other reasons I like Trump.
But those two, are the biggest.
“You’ve got lower taxes, less regulation and confidence in the economy is high,”
All of which is thanks to Obama./s
Could you enlighten those of us that don’t understand that?
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