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Soaring stock market a powerful symbol of the Trump era
 [Wash Times] Americans are peeking at their 401(k) plans and investments, and daring to think that maybe, just maybe, America is getting great again. Numbers suggest this may be true."The Dow Jones Industrial Average recorded its 23rd all-time high of 2017 on Wednesday, closing at 21,532," writes Gateway Pundit contributor and economic analyst Joe Hoft, who found that the market is up 9 percent since President Trump’s inauguration, and 17 percent since the Nov. 8 election -- closing at record highs "an amazing 40 times" since that day. "Americans are benefitting greatly in their 401k’s from the recent change in administrations. When compared to President Obama, the current president is smashing it. In Obama’s entire first term, the U.S. stock market never reached a new closing high," Mr. Hoft notes. America is getting some nice reviews elsewhere. "The prevailing view among publics around the world is that the United States remains the top global economic power, according to a new Pew Research Center survey. "Across 38 nations polled, a median of 42 percent say the U.S. is the world’s leading economy, while 32 percent name China. In all of the countries surveyed in Latin America, as well as most in Asia and sub-Saharan Africa, publics tend to believe the U.S. is the top economy. And by a 51 percent to 35 percent margin, Americans name their own country rather than China." Posted by: Besoeker 2017-07-16 |
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