Quote:
Originally Posted by OneHungLo
Well if you're going by his inauguration date the dow was at 19,827.25. and that to 26k is 31%.
I came to the 40% because I counted from his election night. The dow closed that day @ 18,332.74. The market was digesting his tax and repatriation plans and that gave a huge boost to the market. That's why I counted it from there because obviously any rise from that point on was due to Trump.
So if you take it from election night or his inauguration it's either 31% or 41%.
Yeah but those were pretty rare circumstances. The facts are the market was at 14K a year before Obama took office and were 18k when he left. Again, it is not disputed that Obama reigned over the worst recovery in history. Even with QE and interest free loans for 8 years, it was abysmal.
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I'm not going to debate math. That said, I do love the qualifications. Somehow it's Obama's fault the stock market crashed in the year before he took office? Did he also start the Great Chicago Fire and crash the Titanic?
You can think whatever you want but I would say this. You love to rail against those you say have Trump Derangement Syndrome. You need to take a breath, look in the mirror, and realize that shit goes two ways.