ejrmaine Loc: South Carolina

DaveO, the market curve changed on November 8th, coinciding with Trumps win. The inflection was caused by his campaign issues to repeal many of the anti business BHO exec orders and his tax restructuring. Syria, have you noticed he stopped gassing his people? That exactly what Trump said he attacked for. NoKo, the UN has unanimously backed Trump on his action against NoKo. That doesn't happen usually, but it just did.

Unemployment, coincides with a rise in consumer confidence sector growth. The labor participation rate is moving in the right direction or a change.

Simply ignore what CNN broadcasts, things are moving in the right direction. The ACA will be repealed and replaced and a growth based Tax restructuring will pass by year end.

green Loc: 22.1749611,-159.646704,20

it sounds just as idiotic no matter how many times you say it, LOL

DaveO Loc: Northeast CT

Thank you for your thoughts. The market is up less than 6% this year and most of the increases came under the previous administration. Also, the improvements in the world economy have stimulated growth and no real competition from bonds has had a tremendous effect. That's one of the reasons Trump is not a Yellen fan if she is to raise interest rates. A declined dollar value...decreased oil prices, anticipation of corporate tax benefits...point being that Trump can not claim total responsibility for anything. The growth rate remains slow and no where near goals. If the markets are in a bubble and the overvalued prices corrected, will he take responsibility for that? If the dream of repealing the ACA occurs before the mid-term election, our worst nightmare most likely will occur. I'm reasonably certain that neither of us will change our views and I will continue to hope for solid improvement.

ejrmaine Loc: South Carolina

Of course there is no Resist movement on the Left and no Hate, nor any violence with the Antifa folks, it's just my imagination. Yuk, yuk. But there is real economic growth.

We'll let me share the real numbers.
On November 7th:
The Dow closed at 18,253
S&P closed at 2,131
NASDAQ closed at 5168

Today' s close:
Dow 22,158oughly 21%
S&P 2,498 roughly 17%
NASDAQ. 6460 roughly 25%

Can't argue with the real numbers, check the exchanges, not the Clinton News Network.

green Loc: 22.1749611,-159.646704,20

funny you use the word "real" when talking about the stock market... it's actually driven by "hope" and "fear".

Here's an incisive article explaining the economy in a bit more sophisticated way than simply reducing it to a number of the DOW.

https://fee.org/articles/a-rising-stock-market-does-not-signal-economic-health/

DaveO Loc: Northeast CT

Yup, Trump's the man. Love how you compute market returns. LOL!

ejrmaine Loc: South Carolina

I don't see an argument, what's wrong with the numbers? This was called the Trump Bump.

DaveO Loc: Northeast CT

Trump simply is not responsible for most of the "bump"...unless you want it to be.

thom w Loc: San Jose, CA

3 times? I guess you're really serious.

mwalsh Loc: Houston

Thank God for that! That seven year bear market orchestrated by Obama was killing me...



Oh wait, the market had headed up that entire time...what inflection point do you reference?

ejrmaine Loc: South Carolina

If you look at the market graph, there is a point of inflection, that point is Nov 8th 2016. Is this just a big coincidence?

The Market growth under BHO, after he poured Trillions into Stimulus, performed weak mainly held back by the economy's weak recovery.

ejrmaine Loc: South Carolina

So the huge rise in the Market is just a coincidence??

DaveO Loc: Northeast CT

Your preconceived and bias opinions do not make for valid facts. It is quite apparent that you are unable to do anything other than cherry pick your facts as you see them without consideration of well known reasons formulated by many reputable sources. Did trump have an impact, yes. Don't over inflate the amount. Hang on to whatever you can to justify the stench of the liar in charge...for now.

SteveR Loc: Michigan

The market's were basically flatulent during Obama's administration. Sure, Democrat's claim that the Dow rose from 6500 to 18,000, but most of that was recovery to where it had been, at 14,000. The markets never really took off until the day after the election. Why? Not because of anything that happened on that Wednesday, but because of the prospects of better times for business under a Republican administration. To doubt it and buy what CNN is selling on the issue is merely the blind leading the blind. What will happen in 2020? If good times continue and there is no major military conflict, look for the Republicans to continue to maintain control of Congress and the Executive Branch. Trumps miscues? Actions speak louder than words. People will ask themselves if they are better off in 2020 than they were in 2016 at the end of Obama's term of office. Frankly, Obama had such an outstanding opportunity and blew it. Heck, he had eight years to do great things educationally for the black community, esp. in Chicago, and he never assumed that role. And why in heck didn't removing the monuments happen under his administraton? Gotta wonder about that one!!

green Loc: 22.1749611,-159.646704,20

nevermind