Trump and his supporters suffer the illusion that the stock mark

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Avalon - Trump and his supporters suffer the illusion that the stock market has done fabulously well under his presidency, more fabulously than under Obama's. During Obama's two terms, from his inauguration, the Dow Jones increased by 140 percent, from 7,949 to 19,732. It increased by 210 percent from its lowest point during his time in office. Also, the Dow Jones increased by 225 percent, from 3,242 to 10,588 during Clinton's eight years in office. Under Trump, it has increased a paltry 25 percent. The DJ's performance over the long term is a more reliable indicator than over the short term.

Print Publication Date: 
12/06/2017
Topic: