The Biden economy is a bust.
Inflation is at a 40-year high.
The bond market is being crushed due to the higher rates. The GDP is down since last October’s high. FED Chairman Jerome Powell is dishonest when he says the US is not in a recession.
Now this.
The DOW is down more than 1,000 points since when Joe Biden took office!
The DOW is one measurement of the US markets that indicates the health of the economy.
President Trump broke the record for the most stock market highs in a year in 2017, the year he took over the Executive Branch. President Trump’s economy was on fire.
There were more stock market highs (71) in 2017, Trump’s first year as President, than any year in history.
Sadly, the Biden Administration is the complete opposite. After nearly 2 years in office, the DOW is down more than 1,000 points since the day Biden stepped into office after stealing the 2020 Election.
On January 20, 2021, the DOW closed at 31,188. Today the DOW closed at 30,077.
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