Hey, I am happy too that the markets continue to climb and have been since 2009. 

I am not, however, thinking that this is a never ending thing. The markets got a huge bump from the giveaway to big business that certainly helped boost their profits. BUT the price for that is $1 Trillion added to the deficit. 

There WILL come a time to pay the piper and we will see a big correction. 

And I am not even counting in the effects of the upcoming tariffs yet. 

Common Sense wrote:

Thanks President Trump!

Yea,,,,, thanks,,, I guess.

On Trump’s once-favorite metric — stock market growth — he trails Barack Obama

https://www.washingtonpost.com/politics/2018/12/05/trumps-once-favorite-metric-stock-market-growth-he-trails-barack-obama/?utm_term=.7008ed3a4c5d

At close on Tuesday, both the Dow Jones industrial average and the Standard & Poor’s 500-stock index were about where they’d started the year. In the first 12 months after the tax-cut bill, the markets had been mostly flat. This wasn’t the economic “rocket fuel” Trump once promised the tax cuts would be.

Not only did Trump celebrate market gains as proof of his effectiveness last year, he also used stock prices to criticize Barack Obama during his predecessor’s administration.

However, to the same point in the second year of Obama’s first term, both the Dow and S&P 500 saw bigger percentage-point gains than the markets have seen under Trump, by far.


Now, whether it’s useful to track presidential success by watching the variations of stock prices is another question entirely, of course.

But, I'm  not the one who spent a year and a half establishing that as a metric by which to judge Trump.
Someone else did that. 

Last edited by Goose (12/05/2018 1:00 pm)

So much winning !