DJIA Jumps 222.06 Points and Still Rising

The Dow Jones Industrial Average started out at 26,466.79 this morning and has boomed up 222.06 more points today.

Can it get to 30,000.00 before Summer? At this rate, It will far surpass that. This is a sign of a great, booming, and confident economy. Thanks to Trump for bringing confidence back to Wall Street... Most of us alive today haven't seen quite a rise like this.

 

uh, this is just a continuation of the upward momentum from obamas administration. Trump didn't bring confidence back to wallstreet. It was brought back 7 years ago.

 

Wow, the OP wasn't even up for two minutes before someone jumped in to give credit to Obama. You leftists aren't just predictable, you're fast too, I'll give you that!

 

Dow Schmow

My international funds have been blowing away the S&P 500 and Dow for more than a year now.

And valuations in developed and emerging markets in Europe and Asia are more attractive than in the US, to boot...

 

Bucko, the stock market hasn't seen a jump like this since the 1930's. You're gonna have to peddle those lies to someone who will believe you. The stock market creeped up under Obama by 300 to 1,000 points per year. It jumped 1,000 points in just 8 days under Trump and has been booming since the week he was elected. It jumped 223.92 points just today. Your denial speaks volumes.

MAGA!

 

lol, the stock market doubled under Obama to a then record high. The trend has continued throughout 2017. Trump didn't bring confidence back to wallstreet. It was brought back 7 years ago.

 

We wouldn't have to if you guys would stop pretending trump suddenly turned the economy around overnight and is responsible for the stock market, lol.

 

Please explain how that effects working class Americans

 

This is America, I don't care about the emerging markets in Europe and Asia.

 

No, Obama didn't double the stock market. You're gonna have to be consistent like I am. Having said that, the day after Obama won the election, the DJI was 9,616.60.

The day after Trump won the election, the DJI was 18,317.26. In order for Obama to have doubled it, the DJI would have had to have been 19,233.20 or more.

The DJI grew 8,700.66 points under Obama in a span of 8 years. In a little more than one year into Trump's first term, the DJI has grown 8,299.45 points. At the rate the stocks are going, Trump will bypass Obama's record setting growth in two more days.

These are facts and the numbers were taken directly from DJI's historical charts so there's no use trying to debate. Just know that Obama didn't double anything other than racial tensions.

 

Oh, does that mean the stock market isn't in a bubble anymore? Probably ended last January right?

 

Lets see now, when Obama took office the Market was at 7,949.09, and when he left office it was at 19,732.40, and that includes passing thru what was a historic recession, so I got to believe that if you graphed those results you'd pretty much see an upward trend and now your telling us that the last Administration had no role in the Market's current state? That this Administration didn't inherit a growing Market?

About the only thing Trump had to do was not screw it up?

 

His policies are most definitely responsible, and he did turn it around overnight. It started booming the week he was elected because the market had confidence in his policies and promises to reverse Obama era regulations.

 

It effects the economy which effects the working class.

 

I go from the day after election. That's the point from which the market knows how to plan. It boomed after Trump won, and it imploded after Obama won. That's how things go.

 

Oh the libs worry about the despicables now. How very touching.

Anyways, tax cuts, pay raises, bonuses, growing 401k plans, job security, the Obamacare mandate they won't have to pay.... you have anything better to offer?

 

When the crash comes they will suffer like hell, perhaps even worse than the Great Depression.

The stock market in the 20s was on fire too. We know the stock market is over valued, and there will be a correction, at some point. I don't think you will like much what happens at that time. Of course some economists and stock market experts have been say this for a few years.

I remember when we made history under clinton when the dow broke 10, 000. At least that rise was real, not artificial. It is artificial now, and way over valued, and when it corrects...look out.

This rise concerns me more than encourages me.

 

Easy to say now. Our RW friends were bragging about the Bush economy in 2007, too. In highdsight we may very well be saying it was an obvious bubble.

But hopefully you are correct.

The day Obama took office, the Dow was 8000. It was over 19,000 the day he left. Looks like a double to me. Triple if you count from where it was in Mar 2009.

 

Beautiful, it's as if all economic indicators were set back to zero the day Trump took office, love to see how you would apply that thinking to deficits and debt

Fact is you can not deny that Trump inherited a Market that was trending up, trending up from a point where it had hit a near record low eight years prior

 

Actually, no it doesn't. The dow has very little to do with the middle class. It has minimal affect on their wallets.

 

First off, NONE of that has anything to do with the OP, or my post.....

There i a reason that most companies are offering "bonus'". Increased salaries mean they have to keep paying it, the "bonus" is a PR move (and a TAX move) to help the companies bottom line.

But come back to me when your tax cuts expire. Lemme know how that helps you

 

Lol, this is actually funny.

Lib question: what's in it for the working people
answer: bonuses (plus 5 more things I mentioned)
Lib retort: it's companies' PR move.

You can't make this sh*t up

Prez Pence will renew it in 2025

 

Yeah...you go with that.

Again, righties sucking up the LCD of any "policy" enacted to claim it great.

Again.....The DOW has very little effect on the working class. Its just a FACT. Even in their 401k's !

 

Except for bonuses, raises, 401k plans, job security as we just discussed....These are basically all the things the working people work for and they all have got better.

That you completely ignored my "do you have anything better to offer" question is also quite telling.

 

Are you saying he had nothing to do with this? Or are you just upset that someone openly gave him credit?