...has grown by $6.9 trillion to $30.6 trillion: https://www.cnbc.com/2018/01/18/stock-markets-value-under-trump-has-grown-by-6-point-9-trillion-to-30-point-6-trillion.html?__source=sharebar%7Cfacebook&par=sharebar&fbclid=IwAR3hwPK5hUCqp0FOsKffrTcMkH4wOX37vVO84IHAg4lpwOpikswIdZdHdqo
Trump 2020!
This usually doesn't mean much for non blue chip stocks though (my interpretation -- not speaking with certainty here).
S&P's performance rising/falling has the biggest affect on mega brands -- not necessarily anything much outside of that. My portfolio did gradually go up not long ago, but has fallen again (this happens regardless of who is president anyways).
I wouldn't attribute Trump's presidency to either the rise/fall of my portfolio because I don't really invest in blue chip stocks or anything in the S&P 500. This may be good news for those in really deep with certain index funds/shares, but probably nothing grand or significant to average investors who aren't wealthy to any degree.
Plus I've said before that better performance in the S&P doesn't really mean that much socially/politically/financially/etc. when it comes to the country as a whole. Some blue chips gaining valuation/etc. temporarily doesn't create any breakthroughs. It is a weak marker of economic success or other success overall just by relying on how good already established, mega companies are doing.
27,088.08 +227.88
amazing...
Ask some people who aren't fortunate enough to own stocks how they feel about this. But, of course, in Republitard land, it doesn't matter what these people think, does it? They're "not one of us," are they?
shareGuess we’ll have to talk to those who are no longer a member of Obama’s record 95 million under employed. Those who’ve found jobs thanks to the US electing a president who’s pro private sector, pro capitalist, pro economic growth policy has lead to record low unemployment. Record economic growth. Record stock market levels. Record highs in consumer confidence levels and Economic growth 400% of what it was under Obama.
It is a shame there are so many suffering in big cities that have been under democrat party control for a century. The record homeless in Los Angeles. San Francisco. Seattle. Portland. The record murder rates in the democrat party capital of Chicago. There is no question those people are suffering under democrat rule.
Well, to be fair, almost anyone can purchase and own shares/stock of low prices (it's actually really easy these days with apps like Robinhood -- all you need is any smartphone, some pocket change in a bank account and you can invest in something at least).
The main takeaway is that S&P's performance going up reflects only big companies. The biggest benefits would come in strides for those who are holding on to a large amount of shares of said companies that have raising stock prices.
This is why the metric doesn't mean too much all around. Just because S&P or any other indexes show some rising prices in some company stocks doesn't mean everyone all around benefits in the investment world, as many people don't/can't have massive, diversified portfolios of blue chip stocks and can't see any significant gains (or none at all really).
The deficit has matched it under T-rump. Why aren’t you mentioning that? That concerns voters in 2020.
sharethe dow has almost his 27,000 a few times this year as well...
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