2017 is Now Officially the BEST YEAR EVER in Dow History! — Up 28% Since Election!

a reply to: EternalShadow

No they didn’t...

Screw it I will prove it, though I doubt you will believe it...


Here there are charts and everything..

www.npr.org...


The unemployment rate was at 10% when he took office in the middle of the FINANCIAL CRASH and recession.. then dropped to 4.7 during his term..

Things improved in every measurable field.. the only criticism even republicans made was “we didn’t improve fast enough”.

uhmmm...expert here........

it's all a put on......but for great reading.......the fed bank site for boston.....under the publications link.......

you won't believe what's there.........a comic book with a teachers edition

with the remedy, with the formula greenspan made for the aftermath........older persons first on the monetary reset which uses social security as the meter

originally posted by: EternalShadow

originally posted by: JoshuaCox
a reply to: Diisenchanted

Trump hasn’t passed a single policy that has ANY effect on the Dow..

So that means you should be thanking obama.

Everyone knows it takes YEARS for a president’s policies to begin to have an effect.. 90% are out of office before the ramifications of their agenda are even felt..

It’s funny how people only selectively remember that lmao.

Obama didn't do sh#t either!

HELLO! QE FROM THE FED!!

No president dictates monetary policy, the Fed does.

8 years of QE @ over 100 billion a month! Buying shares, propping up the market, and buying back treasuries!!

More people were on food stamps during Obama than anytime in history! Over 48 million... And that's just one metric...

I would broadly agree, it's one of the great failures of Obama's presidency I think that he failed to do more to reign in the worst excesses of the banks.

I think he initially tried to, but quickly realised there was no way to get anything done. So he just let it be.


And now we have Trump, who seems intent on passing Presidential Decrees that make it even easier for the Banks to run riot, to take away what little regulation they currently have.


So two Presidents have utterly failed to tackle the underlying problem.

But, isn't this mainly due to $ weakness?

Dollar goes down, US stocks go up. Dollar has been on a decline since the election.

a reply to: Diisenchanted


What goes up must come down. The market has done well this year, but if you think its because of trump, it sure the hell isn't. Also The job growth went down in Sept for the first time since 2010. All of the Job growth trump was taking credit for the first few months in office, well guess what, they were already in the works BEFORE he took office. The stock market was very stable as well. I wonder how trump would have felt of he was in office in 2008. The mess Obama walked into, was far worse than what trump walked into. trump STILL blames Obama for the bad, and he takes credit for the good Obama did.


Lets just PRETEND trump was in office 6 years from now, he would STILL be blaming Obama and Hillary, for anything that went wrong. Its who he is.

originally posted by: kurthall
Also The job growth went down in Sept for the first time since 2010.

That was mainly due to the hurricanes we had that month.

a reply to: AugustusMasonicus

Still doesn’t make the stock market growth due to trump due to trump who hasn’t passed ANY legislation...

originally posted by: JoshuaCox
Still doesn’t make the stock market growth due to trump due to trump who hasn’t passed ANY legislation...

Where did I say it did? I made my point very clear on page 1.

originally posted by: hopenotfeariswhatweneed
a reply to: Diisenchanted

Things are definitely looking up for a lot of people.

Define Alot ?

White..

a reply to: AugustusMasonicus

Fair enough

The stock market is largely based on optimism and future prospects, which is exactly what America needs again.

a reply to: Diisenchanted

Its kinda funny with all the complaints from the left about Trump America seems to be doing great.

Nothing but blue skies.

Also from the article there is this.

The stock market also increased over 200% from 2009 until Obama left office. However, the stock market is a fickle indicator and it is dangerous to attempt to tie it's success or decline to any president.

The most likely reason for the stock market gains since Trump took office is because he was expected to lower the corporate income tax. You can quote me here, if the tax plan does not pass, there will be a major stock market pull back. Also, we are probably in a bubble as well that may soon collapse.

Also, the tax plan may be a double edged sword for the housing market. Some analysts predict the mortgage insurance cap could cause a housing market recession.

The bottom line here is that there is no way to know for sure what the economy will do until it does it so don't be so fast to attribute it to a President you like because it could turn around and bite you.

1915 was the best year in Dow history.

Whatever, as others have stated, it has more to do with what the Fed is doing than who's in office.

originally posted by: Tekaran
I heard unemployment is the lowest it's been in 17 years. So I guess we thank Obama for that too?

Go look at the unemployment rate year-by-year from the 2007-2008 recession. You will see that unemployment has been almost linearly falling year-by-year. Do you see any big change relating to Trump's coming into office? No you don't. He's a non-factor. In both the DOW and unemployment. Both are long term trends that are continuing. Trying to ascribe either to Trump is the epitome of desperate thinking.

a reply to: Konduit

The stock market is largely based on optimism and future prospects, which is exactly what America needs again.

Not to mention the fact that the jobless rate decreased to it's lowest level in 17 years, and that is according to the leftist site The wall street journal.

Even the left media is starting to realize their mistakes.

Hiring Rebounded in October, Unemployment Rate Fell to 4.1%

link

and yet wages for the average person remain stagnate

originally posted by: Diisenchanted
a reply to: Konduit

The stock market is largely based on optimism and future prospects, which is exactly what America needs again.

Not to mention the fact that the jobless rate decreased to it's lowest level in 17 years, and that is according to the leftist site The wall street journal.

Even the left media is starting to realize their mistakes.

Hiring Rebounded in October, Unemployment Rate Fell to 4.1%

link

Hahaha are you for real - you think the Wall Street Journal is leftist?

originally posted by: TheConstruKctionofLight
a reply to: JinMI

That will go over most peoples heads ...wink wink

Lessons from history seem to do that.