The Dow has been rising since 2009. Daffy Donald didn't do that.
But ever since Tariff Man started his failing trade war, the Dow has come to a screeching halt.
I'm not going out on a limb to say G5000 doesn't have an ounce of credibility, and those who believe otherwise are equally fucked.
2015: The DOW was down for the year.
2016: A bull was triggered by Trump's election. Matter of fact, it rose 2000 points that last two months of the year. I suppose one could argue that was the result of confidence in Trump, but one could equally argue it was due to lack of confidence in Obama and/or Clinton. However in G5000's case, he'd tell you it was "cuz of Obama".
17425 31-Dec-15
17888 4-Nov-16
18848 11-Nov-16
19763 31-Dec-16
Additionally, despite their college indoctrination, progressives don't understand how the market works,. Interest rates have been rising since Trump took office, which has a direct impact on stocks. The rates could not have raised on Obama's watch, because stocks and the housing market would have crashed.
Poor TD. Desperately scrambling to cover for Trump's losses for the year. He didn't mind gloating about Trump raising the Dow, and now he gets all sour when confronted with Trump trashing the Dow for the entire year.
Live by the double-edge sword, die by the double-edged sword, hypocrites.
From January 20, 2015 to January 20, 2017 the Dow climbed 13 percent, and TheDude knows this.
Also, at this point in Obama's Administration, the Dow had climbed 41 percent. It's only climbed about 23 percent for Trump, and he was elected on third base, while Obama was handed a shit sandwich with the economy falling off a cliff.
The Dow had been rising steadily since 2009. Then Trump's trade war brought it all to a a screeching halt since January, the whole year!
Thanks a lot, Tariff Man!