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I know these are just two simple metrics in a much larger picture, but it is a curiosity.
So many people want to connect Trump to the current state of the Dow. I personally do not, or should I say a very low %. This is still Obama's economy and I believe the Dow is still feeding off of the table Obama had set for 8 years. I'm not saying that Trump being POTUS has interjected some hope in people to invest in the market as Trump is about infrastructure and jobs and America, and as such investors may want to get in now.
So is the political climate driving the Dow, the economy itself, or what blend of both? I find it interesting. Trumps ratings continue to slide, yet thus far that isn't putting any scare into the market.
What it means, is that those shrewd investors, who research and learn all sorts of things that might affect their stocks, are sure that Trump will soon be just a blotch on the pages of history.
"Mr. Market" is not always rational. Might be wise to not read too much into the current run up. At some point there will a correction. Just hope it's not a crash.
The Trump poll numbers are Fake Polls (remember the pre-election polls...no different) generated to influence the weak. The stock market is based on the overwhelming belief that Trump and the Republican Congress will enact policies good for business.
first part of your post is patently false and needs no further discussion. As to the stock market the earnings underpinning the stock market has zero to do trump, that is just a fact.
The sentiment is partly due to Trump's promises, but 6 months in Trump has not keep a single one other than place Goldman sachs in charge of themselves and their frenemies ..
first part of your post is patently false and needs no further discussion. As to the stock market the earnings underpinning the stock market has zero to do trump, that is just a fact.
The sentiment is partly due to Trump's promises, but 6 months in Trump has not keep a single one other than place Goldman sachs in charge of themselves and their frenemies ..
I'm just curious if you do, how your stocks have been doing since Trump has been in office. I see all of these up/down numbers on TV on the business channel but I'd like to hear some individuals say how they are doing personally with their stocks and if they are doing well, whether they would vote for Trump in 2020 because of a personal reason, like that. (Not interested in you telling us your personal fortune numbers, just whether you are doing better, a lot better, about the same, not so good.)
I don't see it any differently than your personal wealth improving because your taxes went down, your insurance is cheaper, your utility bills went down or you are making more money employment-wise (getting a job, getting your hours increased, getting a bigger paycheck) and those are all reasons people use to vote for someone.
So, how are you doing with your stocks and would it make you consider Trump in 2020 if you are doing well?
So, how are you doing with your stocks and would it make you consider Trump in 2020 if you are doing well?
Yes. The stock market is an important barometer for how well the U.S. economy and the country in general are doing.
The DOW Jones Industrial Average is up almost 11% since January 20, 2017. In spite of all the noise you hear in the media, investors have shown a considerable amount of confidence in Trump's economic policies. As long as this performance keeps up, it's going to be a decisive factor in the 2020 election.
So yeah, keep your eyes on the stock market. It doesn't lie.
We are about 70% stocks in our brokerage accounts/IRAs and have been doing fine. Did not vote for Trump in 2016 and definitely would not vote for him if he ran in 2020.
I'm not personally invested in the stock market right now, but I know someone heavily invested in the defense industry and his stocks have almost doubled since Trump was elected. I thought stocks were way overpriced back then, looking back I guess it was a great buying opportunity.
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Does Anyone Here Own Stocks?
