Question on DOW

[cawacko]

I was just confirming since i heard trump was terrible for the economy No need to be so defensive.

Obama was bad for the economy yet the Dow boomed under him. You're setting yourself up for failure using the Dow as your measuring stick.

[Bourbon]

I was just confirming since i heard trump was terrible for the economy No need to be so defensive.

Not being defensive at all ... sure hope you didn't wait for Drumpf to get on the Train ... if so, I'm in a Stock Selling mode .. so ... I'm Loving it when Drumpf Supporters get excited over The Drumpf Economy ... because I've made my nut in The Obama Economy

[Bourbon]

Obama was bad for the economy yet the Dow boomed under him. You're setting yourself up for failure using the Dow as your measuring stick.

My Stick is Measure quite Fine ... thank you.

... and I made a Killing during the Obama years ... so Blame or Credit goes to ME ... because I made the Choices, not Obama or Drumpf

[Cancel 2018.2]

The Dow was just under 20K when Obama left office.

Yep, 19,827

So far it has continued upward under Trump.

[cawacko]

My Stick is Measure quite Fine ... thank you.

... and I made a Killing during the Obama years ... so Blame or Credit goes to ME ... because I made the Choices, not Obama or Drumpf

Money can be made in good and bad markets

[Phantasmal]

I heard an analogy that I like concerning the economy this morning, the economy is like a runner off the block, he picks up speed until something slows it’s progress.

[Bourbon]

Money can be made in good and bad markets

No Shit Sherlock ... what do you think was going in the last decade?

There's in not Good or Bad, just Gains or Loses

[Bourbon]

I heard an analogy that I like concerning the economy this morning, the economy is like a runner off the block, he picks up speed until something slows it’s progress.

Like a 4:30am Tweet

[Superfreak]

Someone claimed that for the past 2-3 years the dow was hovering around 17k and it only rose to 24k under Trump is this true?

No. prior to the election, the dow was moving upward... usually running up a 1000 points or so, taking a breather, then repeating. After the election, the pace picked up. In part due to expectations of more reasonable regulatory environment (which we are seeing), a tax reform bill (which we got) and an infrastructure bill (still waiting on this one).

[Bourbon]

Yep, 19,827

So far it has continued upward under Trump.

Do you remember what the DOW was March 9th 2009?

[Cancel 2018.2]

Do you remember what the DOW was March 9th 2009?

Dumb dumb... I googled the stat

[Celticguy]

ive been told it jumped a lot after election day?

Yup so track from there not inauguration day

[Celticguy]

Looks like your boy was right
http://money.cnn.com/2016/11/09/inve...ion/index.html

[NOVA]

There was a 140% increase under Obama.

Why would you ask that? I said that the market was just under 20K when Obama left. It's obviously much higher than that now.

Strange thread, tsuke. All of this information is easily accessible on the internet.

The market was just under 20,000 when Obama left office and it was about 12,000 when he took office......

so 140% is way off.....in reality under Obama the market gained about 66% over 8 years..........which ain't bad.....

but liars know how to cherry pick numbers to give the wrong impressions......

by the same measurement....the market gained about 30% in Trumps FIRST year.....in Obama's first year ?....don't even wanna go there.....

[Jarod]

The DOW rose faster in Obama’s first year than in Rumps first year.