The Dow's 31% gain during Trump's first year is the best since FDR

Source: CNBC
Published: Jan 18, 2018
Author: staff
Post Date: 2018-01-18 21:18:59 by buckeroo
Views: 926


The 30-stock index has surged more than 31 percent since Trump's inauguration.
That marks the index's best performance during the first year of a president since Franklin Roosevelt.
"You've got lower taxes, less regulation and confidence in the economy is high," said one investor.
The S&P 500 has surged 23 percent during Trump's first year in office.

Donald Trump lifted the Dow Jones industrial average in his first year in office more than any other president since Franklin Roosevelt.
The Dow has surged more than 31 percent since Trump's inauguration on Jan. 20, 2017. That marks the index's best performance during a president's first year since Roosevelt. The Dow skyrocketed 96.5 percent during Roosevelt's first year in office.

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I got to say, I have an increasing value stock portfolio that allows me to "dabble" with improved certainty about investment strategies.

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#1: GrandIsland    To: buckeroo (#0)

Now, THANK my president, President Trump. It wasn't Ron Paultard who sparked this economy.

GrandIsland posted on 2018-01-18 21:30:09   Reply   Private Reply

#2: buckeroo    To: GrandIsland (#1)

It wasn't Ron Paultard who sparked this economy.

As is usual, you are wrong. Now grovel or otherwise get on your knees to Ron Paul about laissez faire economic principles applied to the US government. Trump seems to understand Ron Paul's guiding principles about economics.

buckeroo posted on 2018-01-18 21:39:49   Reply   Private Reply

#3: Gatlin    To: All (#0)

Gatlin posted on 2018-01-18 21:48:40   Reply   Private Reply

#4: Pinguinite    To: buckeroo (#0)

While anyone enjoying those gains this past year did well, it's not necessarily an indication of a healthy economy. There is still enormous debt saddling the country, and Trump has not yet seen fit to start to slash spending that must come with tax cuts. A more expensive Dow price came with QE that was instituted after the housing bust, and it was because QE money was pretty much being fed directly into wall street, and not because main street USA really saw any relief. Ron Paul still offers warnings about the economy, and he's right.

Pinguinite posted on 2018-01-18 22:07:34   Reply   Private Reply

#5: buckeroo    To: Pinguinite (#4)

Agreed.

Yet, we have clear economic signals that performance improvements are occurring under Trump's administration: as an example Apple has pledged to involve five billion dollars in USA infra-structure away from foreign investments.

This is beyond, Amazon's five billion re-investment in a new second headquarters in the USA. Truly significant in major international companies is HAPPENING is all I can saye.

buckeroo posted on 2018-01-18 22:16:53   Reply   Private Reply