While the media focuses on Russia, the Trump boom continues and the stock market reaches an 8th straight all-time high. The market is on fire!
This is the 34th stock market record with Trump as president. Since the election in November the market is up more than 20%. On average, more than 1 in 4 days is a new record high for the market. Since President Trump was elected, the market has surged past 19,000, 20,000, 21,000 and 22,000.
Per The Gateway Pundit:
The Dow Jones Industrial Average recorded its 34th all time high of 2017 today closing at 22,092. There have been a total of 137 days where the markets have closed since President Trump’s inauguration on January 20th. The ‘DOW’ has closed at all time highs 34 of those days or one out of every four days since the inauguration. The market is up 11% since the inauguration.
Since the election on November 8th the DOW has closed at record highs an amazing 51 times! More than one-fourth or 27% of the 185 days the markets have closed have been record highs since the November 8th election. The market is up more than 20% since the election!
Americans are benefiting greatly in their 401k’s from the recent change in administrations.
When compared to President Obama, the current President is smashing it.
Before the November election the last time the US Markets closed at a new high was last August. 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 pretty sure that the economy is benefitting big league from having Donald Trump as president when compared to Obama. Pay is increasing, unemployment is going down and the GDP broke $19 trillion. The American people are getting back to work and getting back to getting paid for it.