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Economy
Economist: Stock Market Gained $2T in Wealth Since Trump Elected
2017-01-26
[FOX] Club For Growth founder Stephen Moore reacted to reporting that since President Trump was elected, the stock market gained $2 trillion in wealth.

"This could be the start of a big bull market rally," Moore said on Risk & Reward, noting the market today crossed 20,000 point threshold.

Elizabeth MacDonald recounted how former President Barack Obama told a crowd in 2016 that Trump would need a "magic wand" to bring lost jobs and manufacturing back to America.
Posted by:Besoeker

#9  or Robert Reich. Diminutive in stature and standing - all?
Posted by: Frank G   2017-01-26 20:05  

#8  Didn't Krugman win the Nobel Prize for Being Wrong About Everything? Or am I thinking of Paul Ehrlich?
Posted by: SteveS   2017-01-26 19:42  

#7  It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?

Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear.

Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.

Krugman Nov 9
Posted by: g(r)omgoru   2017-01-26 13:34  

#6  Who's on the line for Krugman, g(rom)?

The Nobel Peace Prize winner, the Lightbringer?
Posted by: Bobby   2017-01-26 13:14  

#5  Yeah, my 101(k) is now a 101(k).05.
Posted by: Skidmark   2017-01-26 09:56  

#4  Calling Nobel Prize-winning economist Paul Krugman to the white courtesy phone.
Posted by: g(r)omgoru   2017-01-26 07:57  

#3  'The Street' - GM, Nike, Microsoft Are Hot Now That Dow Has Hit 20,000
Posted by: Besoeker   2017-01-26 07:08  

#2  Obama was an economic idiot.

Which is not to imply he wasn't an idiot in other areas.
Posted by: phil_b   2017-01-26 06:58  

#1  "For years I thought what was good for the country was good for General Motors, and vice versa."
~ Charles Wilson

Charles Erwin Wilson (July 18, 1890 – September 26, 1961) was an American engineer and businessman who served as United States Secretary of Defense from 1953 to 1957 under President Dwight D. Eisenhower. Known as "Engine Charlie", he previously worked as CEO for General Motors.
Posted by: Besoeker   2017-01-26 06:28  

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