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

j-mac

j-mac

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Donald Trump[FONT=&quot] lifted the Dow Jones industrial average in his first year in office more than any other president since Franklin Roosevelt.

[/FONT][FONT=&quot]The [/FONT]Dow[FONT=&quot] 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.

[/FONT][FONT=&quot]"This is all about policy," said Bruce Bittles, chief investment strategist at Baird. "You've got lower taxes, less regulation and confidence in the economy is high. Things are firing on all cylinders."
[/FONT][FONT=&quot]
[/FONT]https://www.cnbc.com/2018/01/18/the-dows-31-percent-gain-during-trumps-first-year-is-the-best-since-fdr.html
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Lovin my 401K.....MAGA!
 
So Pres. Trump is only 1/3 the President that FDR was?
 
j-mac said:
Lovin my 401K.....MAGA!
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I strongly remember how, whenever the economic gains during the Obama administration were pointed out, the Right always claimed that the president had nothing to do with it, that the gains after the Great Recession ended in Sept. 2010 were due to Bush economic policy because no presidential policy takes effect for at least a year or two (yes, I saw this excuse), that the president has nothing to do with it since it's all Congress, that the president has nothing to do with it since it's the corporations and the stock market, and so on and so forth. Anything, anything at all to keep from giving credit to Obama...never mind that under him, America had the longest stretch of private-sector job growth in our entire history - Obama handed Trump a FAR better economy than he himself inherited in January 2009...and of course, Trump began taking credit for the stock market going up even before he took the oath of office.

But now that it's a Republican in office, the Right is SO eager to give the credit to Trump for everything...and one can just imagine that the moment the economy takes a downturn, Trump's going to rush to claim "It's not my fault!!!" - he claims responsibility for everything good, and refuses any responsibility for anything bad...NOT a good trait for a world leader, for it evinces a real lack of honor or courage.

You know what? That's okay. It's still more than 2.5 years until the next election....
 
Glen Contrarian said:
I strongly remember how, whenever the economic gains during the Obama administration were pointed out, the Right always claimed that the president had nothing to do with it, that the gains after the Great Recession ended in Sept. 2010 were due to Bush economic policy because no presidential policy takes effect for at least a year or two (yes, I saw this excuse), that the president has nothing to do with it since it's all Congress, that the president has nothing to do with it since it's the corporations and the stock market, and so on and so forth. Anything, anything at all to keep from giving credit to Obama...never mind that under him, America had the longest stretch of private-sector job growth in our entire history - Obama handed Trump a FAR better economy than he himself inherited in January 2009...and of course, Trump began taking credit for the stock market going up even before he took the oath of office.

But now that it's a Republican in office, the Right is SO eager to give the credit to Trump for everything...and one can just imagine that the moment the economy takes a downturn, Trump's going to rush to claim "It's not my fault!!!" - he claims responsibility for everything good, and refuses any responsibility for anything bad...NOT a good trait for a world leader, for it evinces a real lack of honor or courage.

You know what? That's okay. It's still more than 2.5 years until the next election....
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Back then it was only fake gains. Now it's fake news. :lamo
 
Glen Contrarian said:
I strongly remember how, whenever the economic gains during the Obama administration were pointed out, the Right always claimed that the president had nothing to do with it, that the gains after the Great Recession ended in Sept. 2010 were due to Bush economic policy because no presidential policy takes effect for at least a year or two (yes, I saw this excuse), that the president has nothing to do with it since it's all Congress, that the president has nothing to do with it since it's the corporations and the stock market, and so on and so forth. Anything, anything at all to keep from giving credit to Obama...never mind that under him, America had the longest stretch of private-sector job growth in our entire history - Obama handed Trump a FAR better economy than he himself inherited in January 2009...and of course, Trump began taking credit for the stock market going up even before he took the oath of office.

But now that it's a Republican in office, the Right is SO eager to give the credit to Trump for everything...and one can just imagine that the moment the economy takes a downturn, Trump's going to rush to claim "It's not my fault!!!" - he claims responsibility for everything good, and refuses any responsibility for anything bad...NOT a good trait for a world leader, for it evinces a real lack of honor or courage.

You know what? That's okay. It's still more than 2.5 years until the next election....
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And you progressives keep telling us that Obama is no longer the President...Ain't it just the height of BS that while Obama was in, you and others kept telling us how bad things were Bush's fault, and anything good was all Obama...Now that he is out you're still trying that crap...:coffeepap
 
Glen Contrarian said:
I strongly remember how, whenever the economic gains during the Obama administration were pointed out, the Right always claimed that the president had nothing to do with it, that the gains after the Great Recession ended in Sept. 2010 were due to Bush economic policy because no presidential policy takes effect for at least a year or two (yes, I saw this excuse), that the president has nothing to do with it since it's all Congress, that the president has nothing to do with it since it's the corporations and the stock market, and so on and so forth. Anything, anything at all to keep from giving credit to Obama...never mind that under him, America had the longest stretch of private-sector job growth in our entire history - Obama handed Trump a FAR better economy than he himself inherited in January 2009...and of course, Trump began taking credit for the stock market going up even before he took the oath of office.

But now that it's a Republican in office, the Right is SO eager to give the credit to Trump for everything...and one can just imagine that the moment the economy takes a downturn, Trump's going to rush to claim "It's not my fault!!!" - he claims responsibility for everything good, and refuses any responsibility for anything bad...NOT a good trait for a world leader, for it evinces a real lack of honor or courage.

You know what? That's okay. It's still more than 2.5 years until the next election....
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Yes, I remember those economic gains as the DOW went up over 14000 in 2007 and ended at 18000 when Obama left office, interesting how that reality escapes the left just like the entire first two years of the Obama Administration along with the Democratic Control of Congress starting in 2007. I certainly understand your outrage for who in the hell wants to see record employment, GDP back over 3%, 7.9% U-6, deficit reductions and the DOW up this high?? Certainly not the left now let's keep chasing that Russian ghost while ignoring actual election fraud of dead people, illegals, and double voting all for Democrats
 
j-mac said:
And you progressives keep telling us that Obama is no longer the President...Ain't it just the height of BS that while Obama was in, you and others kept telling us how bad things were Bush's fault, and anything good was all Obama...Now that he is out you're still trying that crap...:coffeepap
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Yes, you have to remember Obama wasn't responsible for the first year in office even with a Democratic Congress and his stimulus signed almost day one, no approved budget which he signed in March 2009, and TARP money already spent, repaid in 2009 and recycled.
 
j-mac said:
Lovin my 401K.....MAGA!
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Then take your gains, and pick safe areas for investing/cash. Stocks are at some point in for a big crash..
 
JANFU said:
Then take your gains, and pick safe areas for investing/cash. Stocks are at some point in for a big crash..
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I'm thinkin' gold because of this guy...



lol
 
JANFU said:
Then take your gains, and pick safe areas for investing/cash. Stocks are at some point in for a big crash..
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That is the way it has always worked. Years going up then the sharp drop in days losing most of what was gained. What is really funny is the president that it crashes under is always blamed. Then both parties fight over who is responsible for the years of growth that always follow. I got a better Idea lets blame the president every time their is a full moon and give him credit every time there is a new moon. Oh wait Bush already took blame for that. Nevermind.
 
PIPEWRENCH said:
That is the way it has always worked. Years going up then the sharp drop in days losing most of what was gained. What is really funny is the president that it crashes under is always blamed. Then both parties fight over who is responsible for the years of growth that always follow. I got a better Idea lets blame the president every time their is a full moon and give him credit every time there is a new moon. Oh wait Bush already took blame for that. Nevermind.
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Thing is the President has little to do with the economy- to mnay variables at work.
And you know that as well as I.
 
Conservative said:
Yes, I remember those economic gains as the DOW went up over 14000 in 2007 and ended at 18000 when Obama left office, interesting how that reality escapes the left just like the entire first two years of the Obama Administration along with the Democratic Control of Congress starting in 2007. I certainly understand your outrage for who in the hell wants to see record employment, GDP back over 3%, 7.9% U-6, deficit reductions and the DOW up this high?? Certainly not the left now let's keep chasing that Russian ghost while ignoring actual election fraud of dead people, illegals, and double voting all for Democrats
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Again, Obama handed Trump a MUCH better economy than he himself inherited. If you'll recall, when Obama was done, unemployment was down below 5% already...and while Obama DID cut the deficit in half, your boy Trump just signed a tax cut that the GOP admits will ADD $1.5 trillion to the deficit over the next seven years...and that's the Republican estimate! Yes, it's quite apparent that y'all care a great deal about the deficit...when y'all don't have the White House. Remember, it was Dick Cheney who said, "Reagan proved that deficits don't matter".
 
j-mac said:
And you progressives keep telling us that Obama is no longer the President...Ain't it just the height of BS that while Obama was in, you and others kept telling us how bad things were Bush's fault, and anything good was all Obama...Now that he is out you're still trying that crap...:coffeepap
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Oh, silly me, what was I thinking, claiming that Bush handed Obama an economic crap sandwich of epic proportions, and then saying that Obama handed Trump a MUCH better economy????

You're absolutely right! I should have ignored all those silly facts, all the demonstrable history, and I shoulda just drank the Kool-Aid and agreed that Trump's inauguration crowd was the biggest EVER, that his tax cuts were the biggest EVER, that he can be the most presidential president EVER (except for Lincoln, he admitted)! Yeah, pour me some of that Kool-Aid, with an extra shot of the LSD that's gotta be in it so I can see what the heck you're seeing....
 
JANFU said:
Then take your gains, and pick safe areas for investing/cash. Stocks are at some point in for a big crash..
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I remember the time when Clinton was president and during the .com bubble people actually asking if it was the end of the boom and bust cycle and remember thinking what idiots they were. My advice would be that if you were getting ready to retire otherwise I would say have a plan ready to profit from the fall and the subsequent rise in prices. I buy when people are selling and sell when people are buying. The best bargains are to be had at the end of a bear market.
 
humbolt said:
True. The time to buy gold was about 20 years ago - if ROI is the primary goal.
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Physical gold other commodities are simply a diversification and insurance strategy.
 
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