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Politics : A Real American President: Donald Trump -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (105737)	11/17/2018 5:06:43 PM
From: Honey_Bee	2 Recommendations Recommended By AJ Muckenfus GROUND ZERO™ Read Replies (2) \| Respond to of 458478

Hmmm...Let's ignore energy, the job market, and a few other markets for now, and take a look at the stock market. In spite of the FOMC doing everything in its power to bring it down (about 9 interest rate increases since Trump was elected, and $billions and $billions dumped through quantitative tightening), the DJIA went from 23,358 on January 8, 2017 to 25,413 yesterday. And that is counting a somewhat hefty correction in October, which seems ongoing. Here's a very interesting chart that shows a straight line rise since January 2017: marketwatch.com All that said, I think it's a mistake to give total credit (or blame) for what the stock market does to the person in the White House. Everyone on this thread knows I'm a bit radical about the FOMC. I want it demolished! But that's another story. :)