On election night all the MSM ran the futures showing a 750 Dow drop and oh my God a debacle. Economists everywhere said the world was ending. Well into his third year all time record highs and Trump is backing China against their Great Wall. Haha TDS haters.
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Next question.
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the largest employer of Americans. Almost everything they sell or produce comes from those companies. So the health of the S&P can be directly correlated to the health of the US economy. Plus if you own a retirement account your yields would be very significant. Try as you might to take this away from Trump you are still wrong.
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What is there to dispute? You are trying to create fake outrage over nothing.
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Despite the fact that the DJIA was 20,000 when he took office, we now have PBHanging Chad rounding down to 17K
If you absolutely must credit Trump for the rise during Obama's last two months in office, then let's not round down from 18,332 to 17,000.
You started a thread about being angry about the MSM not talking up the Dow reaching all time highs. Now you want to switch to some strange statement about how much harder it is to go from 17K to 27K on the Dow but didn't say what that's harder than.
Is it harder than going from 17K to 26K? Yes.
Is it harder than going from 17K to 28K? No.
See, that's the way logic works.
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I stated a matter of fact that there would be no coverage. If you think that makes me angry that’s your impression of events not mine.
for the problems that Europe is facing. Nevermind that the US economy keeps going up despite the Trade War. I'd like to know how Europe gets hit by friendly fire but the US doesn't take a casualty during this war. Hope it dawns on him that the problem is Europe, not the Trade war.
Ridiculous. These people are nuts, AND what's worse is they actually run things.
...then you are the perfect Trump voter.
Strong opinions based on no information or insight.
I'm not sure that's correct.
As for the guy on Bloomberg, you might not try to view everything through the scope of a conspiracy against Trump. It seems very reasonable that the worldwide slowdown is due in part to the Trade War. In fact, I think most economists would agree. The guy might have just been objectively telling people information that they need to invest. Not everything is a Socialist conspiracy to get your beloved president.
despite the Trade War. Perhaps if Europe was managed a little bit better than it is, it could as well.
A) You didn't post that.
B) I would have been very shocked if the guy was blaming the Trade War for unemployment in Europe. This is a chart of unemployment in Europe.
as examples of how the US is outpacing Europe despite the Trade War. Go figure.
Perhaps I should have used GDP growth as well, which is especially astonishing when you consider that our economy is larger and therefore it is harder to sustain high growth.
Europe's Trade War-related "malaise" has not shown up in their unemployment rate. The fact that it hasn't shown up in ours is not relevant to whether we've "taken a casualty".
As for the stock market, check the highs from 22 months ago (January 2018) and get back to me.