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Old 11-11-2016, 03:14 PM  
Marcellus Marcellus is offline
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Trump Optimism Propels Dow to Best Week in Five Years
Trump Optimism Propels Dow to Best Week in Five Years

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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

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Old 11-11-2016, 03:19 PM   #2
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Old 11-11-2016, 03:22 PM   #3
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Old 11-11-2016, 03:22 PM   #4
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Quote:
Originally Posted by Marcellus View Post
Trump Optimism Propels Dow to Best Week in Five Years




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But the MSM told me the market would tank if Trump won!
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Old 11-11-2016, 03:23 PM   #5
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Old 01-11-2017, 11:11 PM   #6
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Old 01-11-2017, 11:46 PM   #7
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Old 01-12-2017, 03:03 AM   #8
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Old 01-12-2017, 08:17 AM   #9
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Does Obama get any credit for the past eight years of booming stock indices?
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Old 01-12-2017, 08:21 AM   #10
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Originally Posted by Trolly McTrollson View Post
Does Obama get any credit for the past eight years of booming stock indices?

No. Those were despite him. /RWNJ
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Old 01-12-2017, 08:23 AM   #11
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Originally Posted by Trolly McTrollson View Post
Does Obama get any credit for the past eight years of booming stock indices?
Only if he gets credit for doubling the debt.
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Old 01-12-2017, 08:24 AM   #12
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Quote:
Originally Posted by Trolly McTrollson View Post
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.
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Old 01-12-2017, 08:27 AM   #13
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Quote:
Originally Posted by Marcellus View Post
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.
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Old 01-12-2017, 08:30 AM   #14
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Quote:
Originally Posted by Trolly McTrollson View Post
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?
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Old 01-12-2017, 08:38 AM   #15
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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.
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