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

NonoBadDog said:

Life is good. We hit our investment goal. The wife gave her retirement notice officially today. She is retiring in less than five months. Thanks Trump!!!!!

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mmmm, have you ever wondered what would have happened to your retirement if President Obama cut spending as republicans wanted instead of implementing the stimulus? or let the auto industry collapse? And don't underestimate the economic benefits of Obamacare. You can thank trump for the economy if you want but its like when you and yours "thanked" President Obama for the massive trillion dollar Bush Deficits he inherited. anyhoo, congrats on your retirement.

Vern said:

mmmm, have you ever wondered what would have happened to your retirement if President Obama cut spending as republicans wanted instead of implementing the stimulus? or let the auto industry collapse? And don't underestimate the economic benefits of Obamacare. You can thank trump for the economy if you want but its like when you and yours "thanked" President Obama for the massive trillion dollar Bush Deficits he inherited. anyhoo, congrats on your retirement.

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Have you ever wondered what would happen if you were struck with a meteor? Yeah, Bush sucked, Obama wasn't bad but he wasn't good, Clinton was better than Obama but he also was forced to work with a Republican Congress. I guess you want to ignore the record consumer confidence and the record gains in the stock market, or all the companies that are going to spend money in the US, like Apple. Thanks Trump.

D_NATURED said:

Forgive me if I don't participate in you celebration of the bubble. I hope you'll be as quick to give Trump credit for the crash he most certainly will cause.

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For every liberal that is predicting a crash. Put your money where your mouth is. Why don't you short the market or buy some puts or sell calls.

"Experts" have been so certain that Trump will cause the market to crash. If it is such a certainity it should be easy money.

j-mac said:

Lovin my 401K.....MAGA!

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You have two qualifications that make such an accomplishment hardly a valid measure. It is only one year, not even a complete term. Obama had eight years and had the highest return under his presidency than any other presidential 8-year term since FDR. Secondly, you pick the first year only of a presidential term. Hardly a determining factor. And let me add one thing, your number of 31% is contradicted by two sources that both give 2017 as 25.1% and Obama’s 2013 year as 26.5%. Ooops. You made a boo-boo. That’s what you get for trusting MSM:

Dow Jones Industrial Average (DJIA) Yearly Returns

https://tradingninvestment.com/stock-market-historical-returns/

NonoBadDog said:

Have you ever wondered what would happen if you were struck with a meteor? Yeah, Bush sucked, Obama wasn't bad but he wasn't good, Clinton was better than Obama but he also was forced to work with a Republican Congress.

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That’s a silly deflection. And good job getting the conservative narrative that “Clinton was forced to work with a republican congress” into the post. His deficit reduction policies were implemented before republicans took back congress (good job ignoring that). Anyhoo, without the stimulus and auto bailout, the Great Bush Recession would have lasted even longer if not turned into the Great Bush Depression. Since you are confused by simple economic data, the market probably wouldn’t have set records under President Obama if he listened to republicans. Maybe it would have finally set records under trump but we cant be sure republicans wouldn’t have made it worse. I don’t have to imagine a silly “meteor” narrative, I simply have to look at their track record.

I guess you want to ignore the record consumer confidence and the record gains in the stock market, or all the companies that are going to spend money in the US, like Apple. Thanks Trump.

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That’s just plain dumb. I’m not a conservative. I don’t ignore facts because my “narratives” cant account for them (see above). You seem to think democrats are the equal but opposite of conservatives because ignoring facts is exactly what conservatives do. Case in point, you and yours are ignoring that unemployment is at record lows and republicans are increasing the deficit to “help” them. When UE was at the Bush highs and President Obama wanted an actual jobs bill, republicans were concerned about deficits. They’re of course no longer concerned about them (another tidbit you ignore).

So to be clear, you think “consumer confidence” and “market records” are good reasons to increase the deficit but massive Bush Unemployment and Great Bush Recession are not. As far as Apple goes, we’ll get the 38 billion tax revenue but the jobs promise could be another “Carrier”. we'll see.

The company did not say how much of its investments announced Wednesday were already planned.

https://www.washingtonpost.com/news...ithin-next-five-years/?utm_term=.3c521ce721ae

cook is probably just playing trump. Its not like its hard to do.

Bucky said:

For every liberal that is predicting a crash. Put your money where your mouth is. Why don't you short the market or buy some puts or sell calls.

"Experts" have been so certain that Trump will cause the market to crash. If it is such a certainity it should be easy money.

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It probably is easy, if you're just a scavenger, feeding off of this nation's carcass. Wouldn't it be better if we didn't allow the conservatives to crash the economy, over and over. Where is the morality of your idea, the concern for the greater good?

I think this exchange highlights the apathy that too many have for their fellow man. Since when is getting rich at any cost to others an honorable undertaking? Why must I exploit the certain misery of others to be right about Trump.

Your response is akin to telling someone "Well, if you really believe your mother is going to die soon, why aren't you stealing the silverware?". Because I'm not a crook like Trump, that's why.

j-mac said:

Lovin my 401K.....MAGA!

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The greatest gain in history was just before the crash of 1929. An extremely strong bull market is no indicator of of how well the economy is actually doing, but is indication of a bubble of an overpriced market that is soon due for a correction. And when that correction happens, I won't be blaming Trump or anyone else for it. It's just how the market works. It's cyclical... Boom and bust. There will be a crash within a year or 2, but if you are smart, you will keep your money in the market, because the overall direction is always positive. Just make sure that the stocks you are invested in are not the speculative ones, because they are the ones that always go belly up in a crash. My brother Steve, who ran an Edward Jones service in Stuart, Florida, made money for his clients by investing in solid stocks like Campbell's Soup before and during the last crash. They didn't get an overwhelming return on their investments, but they didn't lose their shirts either. Steve is retired now, but he can brag that not a single one of his clients ever lost money doing business with him. Not a lot of other investors can claim that.