Article

2017-07-16 Economy

Soaring stock market a powerful symbol of the Trump era

[Wash Times] Americans are peeking at their 401(k) plans and investments, and daring to think that maybe, just maybe, America is getting great again. Numbers suggest this may be true.

"The Dow Jones Industrial Average recorded its 23rd all-time high of 2017 on Wednesday, closing at 21,532," writes Gateway Pundit contributor and economic analyst Joe Hoft, who found that the market is up 9 percent since President Trump’s inauguration, and 17 percent since the Nov. 8 election -- closing at record highs "an amazing 40 times" since that day.

"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 U.S. stock market never reached a new closing high," Mr. Hoft notes.

America is getting some nice reviews elsewhere.

"The prevailing view among publics around the world is that the United States remains the top global economic power, according to a new Pew Research Center survey. "Across 38 nations polled, a median of 42 percent say the U.S. is the world’s leading economy, while 32 percent name China. In all of the countries surveyed in Latin America, as well as most in Asia and sub-Saharan Africa, publics tend to believe the U.S. is the top economy. And by a 51 percent to 35 percent margin, Americans name their own country rather than China."

Posted by Besoeker 2017-07-16 01:01|| || Front Page|| [11140 views ] Top

#1 A healthy stock market and economy, a conservative Supreme Court, and a declining illegal alien population all spell DOOM to a Democratic 'poverty pimp' political party.

Posted by Besoeker 2017-07-16 01:24|| 2017-07-16 01:24|| Front Page Top

#2 They'll still have the votes of the transgendered.

Posted by g(r)omgoru 2017-07-16 04:37|| 2017-07-16 04:37|| Front Page Top

#3 I actually thought the stock market rise was an example of the 'greater fool' theory in use.

Posted by ed in texas 2017-07-16 17:19|| 2017-07-16 17:19|| Front Page Top

#4 The Democratic party is no more. This party is now a collection of misfits. Each going in their own direction. Each group with no money to put into the game.

I envy Trump. Stands his ground and leads as leaders do. The media would have us believe every mans hand is against him. Yet there he stands unwavering and resolute. The longer he stands the more pathetic his opposition will become. He has accomplished many things already. Then still he marches on. This is history in the making. I can understand why a fellow like Dwain Johnson would want to step into the ring. Come on in the waters fine. Winning is a contagious thing. The dead wood of the swamp will drift away. Not accustomed to challenges. Not accustomed to working.It is happening now and quickly. Watch the wealthy areas around DC. Soon properties for sale. Soon budgets will get mighty lean.

So now they want press conferences every day, is it?. Good, bring in his media to balance things. I'm, enjoying this more and more.

Posted by Dale 2017-07-16 21:07|| 2017-07-16 21:07|| Front Page Top

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