The Dow has hit 27,000 for the first time ever. The economic records continue under Trump. Jobs, jobs, jobs! Unemployment is at record lows, particularly for ethnic minorities. This is true prosperity for all. As this decade reaches its end, it seems President Trump is steering America into a new roaring twenties.
The best times of my life have been when the market is not doing well. Well, let me be more specific. When the market wasn’t doing so well, prices were lower on other goods.
If you don’t have money in the market. A higher market value can negatively affect you because their money dilutes the value of your money.
I miss the higher annualized returns prior to Trump.
I miss the faster median weekly real earnings growth prior to Trump.
I miss the greater number of jobs created prior to Trump.
I miss the higher GDP growth achieved prior to Trump.
I wonder if another GOP president is going to hand off a recession to a Democratic successor?
Yeah I remember following the 2008 crash, everything was super cheap. It was fun for me too, I got great deals on vacation packages, goods, and other stuff. Plus gas was cheap. But we also had extremely high unemployment and recession, so there’s that.
But equities trading that have loose relationships to the long-term financial health of a company is totes an accurate measure of the health of the economy. More so than the…growth of the economy.