The U.S. economy has been on fire ever since President Trump’s election.
Today, the Dow Jones Industrial Average hit 28,332.71–meaning it has gained 10,000 points (up 54 percent) since President Trump’s historic election victory in 2016. The S&P 500 has also gained more than 46 percent.
Fox Business reports that Mohamed El-Arian, chief economic adviser at Allianz said, “The rally has been driven by pro-growth measures, de-escalation of trade tensions, huge liquidity injections by central banks and a FOMO approach by investors worried about missing out on a remarkable U.S. market outperformance that has set one record high after the other.”-- excerpt, rest at link above --
Unfrozen Cave Water Cooler
1
The Unfrozen Cave
Print view
Mon Dec 16, 2019 12:04 pm
reply
