‘TRUMP RALLY’ Sets Market Records – Shatters New Highs!

Guest post by Joe Hoft

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The ‘TRUMP MARKET RALLY’ (i.e. a Bull Market that is ‘Yuge’ and ‘Bigly’) continues to shatter the record books.  Since Trump won the Presidential election on November 8th the US stock market has reacted with record setting new highs.

Out of 16 days since the election, the Dow has reached all time closing highs nine of these days!  Another four of these days the Dow landed at its second highest close ever! 

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For more than 50% of the closings since the election, the Dow has reached new highs.  For more than 80% of the closing bells the Dow has either reached a new high or its second highest closing to date.  For only three days since the election, the Dow has not reached one of these two milestones!

Expectations are high with Trump as President elect.  Reduced taxes, more jobs like those already saved at Carrier in Indiana and trade deals that put the US first are all pushing the Trump Market.

Bank stocks rose nearly 19%  in November and notched their best month in history!  The US dollar has reached 13 year highs!  No President elect and now possibly no market has reached such heights as the Trump Market since the election.

Even with all this winning, there are still liberals who want to report ‘Fake News’ about these exciting results.  One liberal report noted that “Consumer confidence soared to a nine-year high in November despite Donald Trump’s upset victory”.

Regardless of how the ‘Fake’ Mainstream Media reports it – this is clearly a Trump Market Rally.

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.

 

Thanks for sharing!