IT’S OFFICIAL: 2019 Was the Greatest Year in Stock Market History – First Time Ever DOW Gained More Than 5,000 Points In a Single Year! by Joe Hoft January 1, 2020
President Trump’s first year in office (2017) saw the most all-time stock market closing highs (71) as well as the largest single year increase in DOW history (4,956 points) up to that year.
This was the record until 2019. Prior to 2017, no year in the DOW’s more than 100-year history ever saw the DOW increase by more than 3,500 points. In 2017 the DOW set a record for largest increase ever at nearly 5,000 points until this year. (The most all-time highs in a year prior to 2017 was 69 in 1995.) At the end of last year (2018) the DOW landed at 23,327. In 2019 the DOW is up more than 5,000 points (5,210) for the first time ever
Since President Trump was elected President the DOW tied the record for the most all-time closing highs in a row. In January of 1987 President Reagan saw the DOW increase to new all-time highs a record 12 days in a row. In February of 2017, President Trump matched Reagan’s record.
The DOW reached its fastest 500 point increase between major milestones under President Trump. In January of 2018 the DOW surpassed 26,000 and six days later the DOW surpassed 26,500. Under President Trump the DOW has seen the fastest 1,000; 2,000; 3,000; 4,000; 5,000; 6,000; 7,000, 8,000 and 9,000 point increases in DOW history. No similar records occurred at any time in history.
Also, President Trump didn’t ride an Obama wave, the DOW under Obama was down in 2015 and stayed relatively flat until the 2016 election. The DOW is now officially up more than 55% since the 2016 election.
Presidents GW Bush and Obama NEVER reached a new all-time high in their entire first terms. Presidents (Franklin) Roosevelt, Truman and Carter never reached a new all-time high in their Presidencies.
President Trump has now increased the markets by more than any other President in their entire Presidency (when counting from their election win to the election day in their last year in office.) This has never happened before.
All the major indices are way up under President Trump and many records have been set. The market increases since President Trump’s election three years ago truly are historic. |
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