Trump Optimism Propels Dow to Best Week in Five Years

[Marcellus]

Trump Optimism Propels Dow to Best Week in Five Years

A whipsaw week powered by election uncertainty for markets ended on a high note as the Dow notched a fresh record high and the best five-day period since 2011.


On Friday, equities took a bit of a breather from a two-day stretch of solid gains fueled by Donald Trump’s surprise victory on election night and the perception of a pro-business president taking over the White House. As evidence of the calm that settled over stocks, the Dow crossed the unchanged line more than 150 times during the session.

By the closing bell, the Dow Jones Industrial Average rose 37 points or 0.20% to 18845, and leaping more than 5% for the week. The broader S&P 500 finished down by three points, but not before tacking on weekly gains of 3.79%.

http://www.foxbusiness.com/markets/2...ive-years.html

#Winning

[ptlyon]

:boing:

[ptlyon]

#MM401KGA

[Munson]

Originally Posted by Marcellus

Trump Optimism Propels Dow to Best Week in Five Years




#Winning

But the MSM told me the market would tank if Trump won!

[theelusiveeightrop]

Tiger blood

[Prison Bitch]

[Pogue]

MAGA!

[lostcause]

Originally Posted by Prison Bitch

Such an overrated poster. Prison Bitch is the worst poster ever. Worst ever.

[Trolly McTrollson]

Does Obama get any credit for the past eight years of booming stock indices?

[Amnorix]

Originally Posted by Trolly McTrollson

Does Obama get any credit for the past eight years of booming stock indices?

No. Those were despite him. /RWNJ

[Prison Bitch]

Originally Posted by Trolly McTrollson

Does Obama get any credit for the past eight years of booming stock indices?

Only if he gets credit for doubling the debt.

[Marcellus]

Originally Posted by Trolly McTrollson

Does Obama get any credit for the past eight years of booming stock indices?

Sure if you can give us something he has done to contribute to it.

Start listing reasons he contributed to the market recovery while overseeing slowest economic growth since 1940.

[Trolly McTrollson]

Originally Posted by Marcellus

Sure if you can give us something he has done to contribute to it.

Optimism, obviously. I mean if "markets are up this week because of Trump optimism" is good enough for the goose, eight years of exceptional markets due to Obama optimism ought to be good for the gander.

[Marcellus]

Originally Posted by Trolly McTrollson

Optimism, obviously. I mean if "markets are up this week because of Trump optimism" is good enough for the goose, eight years of exceptional markets due to Obama optimism ought to be good for the gander.

First off this is a thread from right after the election that got bumped, but you are smart and you know this.

And the best week in 5 years immediately following Trumps election > 8 years of Obama slow growth.

Not sure how much you have been paying attention but since Trump's election the market has gone up about 2000 points in 2 months and all the experts are saying its because of the election.

But hey pat yourself on the back and throw a bone to old Barrack, he really kicked some ass didn't he?

[baitism]

Interest rates were intentionally kept low under Obama. The best way to see his failure is that the fed is now raising interest rates upon Trump's victory. That's real confidence in the economy.