Stock Market Up Nearly 20% Since Election – More than 1 in Every 4 Days a New Record High!
Guest post by Joe Hoft
** Yesterday TRUMP Recorded His 30th Stock Market Record High
** The Market Up Nearly 20% Since Election
** More than 1 in 4 Days is a New Record High
** Market Approaching 22,000!
Yesterday the US Stock Market set another all time high!
The Dow Jones Industrial Average recorded its 30th all time high of 2017 yesterday closing at 21,891. There have been a total of 133 days where the markets have closed since President Trump’s inauguration on January 20th. The ‘DOW’ has closed at all time highs 30 of those days for more than 22% or one-fifth of the days the market has been open. The market is up more than 10% since the inauguration.
Since the election on November 8th the DOW has closed at record highs an amazing 47 times! More than one-fourth or 25% of the 181 days the markets have closed have been record highs since the November 8th election. The market is up nearly 20% since the election!
Americans are benefitting greatly in their 401k’s from the recent change in Administrations.
When compared to President Obama, the current President is smashing it.
In Obama’s entire first term, the US stock market (DOW) never reached a new closing high. In years 2009, 2010, 2011 and 2012 the DOW never reached a new high once!
It’s clear on many levels and in nearly every possible economic measurement that America prefers President Trump over the prior President.