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question everything

(47,531 posts)
Wed Dec 27, 2017, 01:41 PM Dec 2017

Thank you, Ali Velshi, again

for your graphs and boards and a gift to explain any economic events.

So Whiny Donny is tweeting about the market rising under his rule.

Not so fast, said Velshi. The S&P rose 18% in his 11 months. But then he showed the S&P since March 2009 and it is almost a straight line. 2017 just extended it.

Next, he showed overseas markets, with no Trump (lucky them) where their metrics rose the same, even higher.

Last, in Obama's 11 months, the S&P rose 38%. But then, he added, it was after the deep recession. But even during papa Bush's the S&P rose 20%

Both Velshi and John Harwood theorized that the market went up in anticipation of a "tax reform" but now, that the deed was done, it may calm.

(For DUers who like to disdain markets. Don't. Even if you don't have IRAs there, your insurance companies and other financial institutions invest there, their health is depending on the market).

http://www.macrotrends.net/2488/sp500-10-year-daily-chart

10 replies = new reply since forum marked as read
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Thank you, Ali Velshi, again (Original Post) question everything Dec 2017 OP
Thanks. Good to see. elleng Dec 2017 #1
Thanks Pres Obama! Iliyah Dec 2017 #2
Most of what has happened over the last 11 months... Wounded Bear Dec 2017 #3
have gotten quite fond of velshi and ruhle. mopinko Dec 2017 #4
+1! Rhiannon12866 Dec 2017 #5
. mopinko Dec 2017 #6
I'm still here Rhiannon12866 Dec 2017 #9
i did indeed. mopinko Dec 2017 #10
.. roamer65 Dec 2017 #7
For perspective... DeminPennswoods Dec 2017 #8

elleng

(131,085 posts)
1. Thanks. Good to see.
Wed Dec 27, 2017, 01:46 PM
Dec 2017

I rarely catch him, don't watch daytime TV, but I like him when I see him, always well informed.

Iliyah

(25,111 posts)
2. Thanks Pres Obama!
Wed Dec 27, 2017, 01:56 PM
Dec 2017

Whoa, hmmmmmmmmm, who is t-rump, RWers, craz craz religious fanatics and the GOP gonna blame when the economy (already starting in the Mid West) start falling?

Wounded Bear

(58,704 posts)
3. Most of what has happened over the last 11 months...
Wed Dec 27, 2017, 02:15 PM
Dec 2017

is just an extension of what was happening under Pres Obama.

Trump hasn't really affected much...yet.

mopinko

(70,205 posts)
4. have gotten quite fond of velshi and ruhle.
Wed Dec 27, 2017, 02:19 PM
Dec 2017

they not only lay it out well, they dont let bozos spew alternative facts unchallenged.

Rhiannon12866

(205,927 posts)
9. I'm still here
Wed Dec 27, 2017, 05:25 PM
Dec 2017

Actually more than normal since I've been down with the flu. But that's worked out since I was available on Christmas.

I hope you had a decent one..

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