President Trump is absolutely the greatest on the economy. Dow breaks 25,000 (unemployment rate, minimum wage)

[eddie gein]

Originally Posted by phma

Its past time to admit it. He's yesterdays fish wrap.

Most people have moved on. Its what people do.

It's way past time to admit that you aren't intellectually honest in terms of how you interpret economic data.

[r small]

Originally Posted by eddie gein

It's way past time to admit that you aren't intellectually honest in terms of how you interpret economic data.

That poster is what bubbles are made of.

[craigiri]

Originally Posted by DaBurgh

One of the best ever Januarys for the market

Uhhhh...when the market crashes and then it goes up...not nearly as much as it crashed, that's not really a "best"....

That's "I was underwater and now my eyes an nose are catching a breath here and there"...

Wall Street always plays this "relative" game and it means nothing...marketing designed to suck you in.

Wasn't December the worst ever? Or in X years?

Oh, yes - since the GREAT DEPRESSION. But now "one of the best Januarys" is somehow relevant???

It's not. If we can go up another 10% to make up lost ground and then have slow (6-8% returns) after that, then we will be back to normal.

One reason things may be going up is that Trump has shut his yapper about Tariffs. When he decides to open it again all bets will be off. Remember, he believes in group punishment and he also is not invested in the stock market.

[phma]

Originally Posted by eddie gein

It's way past time to admit that you aren't intellectually honest in terms of how you interpret economic data.

I don't need to interpret it. All I do is read it. Data doesn't change. Opinions of it do and everyone yelling Armageddon has been wrong.

https://www.moneycrashers.com/leadin...ic-indicators/

GDP growth
The US recorded its slowest economic growth in five years in 2016, as poor trade data dragged on the economy in the fourth quarter.
The recovery remains steady, rather than spectacular.
Annualised Q3 2018 GDP growth
3.4%

[chopchop0]

Originally Posted by DaBurgh

One of the best ever Januarys for the market

Following the worst December since the great depression and the first bear market in several years.

I'll take Obamas slow and steady gains back thanks

[neko_mimi]

I guess we're back to the Obama economy again?

[phma]

Originally Posted by chopchop0

Following the worst December since the great depression and the first bear market in several years.

I'll take Obamas slow and steady gains back thanks

So that 1.5 years of no gains with the double bottom in Obama 2nd term didn't bother you.

You liked it.

[ColoradoOnMyMind]

Originally Posted by phma

So that 1.5 years of no gains with the double bottom in Obama 2nd term didn't bother you.

You liked it.

They loved the 1.6% GDP growth in 2016 and are angry that it doubled in 2018 under their arch nemesis

[chopchop0]

Originally Posted by phma

So that 1.5 years of no gains with the double bottom in Obama 2nd term didn't bother you.

You liked it.

I'll take that over the trump volatility and having no idea what's coming next wrt the trade war and tarrifs.

Obama took over an economy in virtual free fall, unlike the solid situation he handed trump.

Unfortunately the right wing loves their fake news and revisionist history all too well

[chopchop0]

Originally Posted by ColoradoOnMyMind

They loved the 1.6% GDP growth in 2016 and are angry that it doubled in 2018 under their arch nemesis

Let me know when we see 4.9-5.1% quarterly growth like Obama got circa 2014-2015