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Actually Obama was President from 2009 to 2017 and handed Trump a far better economy than was handed to Obama.Lol...the stock market doesn't mean a booming economy. Anyone can do well in the stock market when there's record easy money policies. The fact that the Fed is raising rates is a compliment to the Trump administration because it means they trust the economy enough to tighten.
Lol...the stock market doesn't mean a booming economy. Anyone can do well in the stock market when there's record easy money policies.
RafiMaas saysActually Obama was President from 2009 to 2017 and handed Trump a far better economy than was handed to Obama.Lol...the stock market doesn't mean a booming economy. Anyone can do well in the stock market when there's record easy money policies. The fact that the Fed is raising rates is a compliment to the Trump administration because it means they trust the economy enough to tighten.
Are we at DOW 30,000 yet? 27,000?
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The Dow Jones industrial average rose 197 points to an all-time high. J.P. Morgan Chase was among the best-performing stocks in the index, rising 1.1 percent.
The S&P 500 reached a record high, climbing 0.6 percent with industrials and consumer discretionary as the best-performing sectors.
The index was also enjoying its best 10-day start to a year since 2003. In that time period, the S&P 500 is up 4 percent. It gained 5.9 percent during the first 10 days of 2003.
The Nasdaq composite traded 0.6 percent higher and also hit an all-time high. Amazon shares rose 2.1 percent and broke above $1,300 for the first time.
https://www.cnbc.com/2018/01/12/us-stocks-earnings-season-dow-jp-morgan.html
#economics