General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums2867.88
The Dow closed today at 21,200.62.
The Dow closed on Election Day 2016 at 18,332.74.
That means if the Dow gives back $2867.88, it will have - in the space of less than a month - shed all the gains it made under Trump.
I suspect Wall Street is on the verge of saying, "enough!"
htuttle
(23,738 posts)jmowreader
(50,556 posts)The period between Trump's election and his inauguration always reminds me of this song:
Johnny2X2X
(19,059 posts)January 2nd, 2018 is the day all of Trump's policies and his tax rates went into effect.
Trump doesn't get credit for Obama's tax rates and policies. Heck, Obama's budget was in effect until 10/1/2017.
Roland99
(53,342 posts)Isnt that the start of the fiscal year?
DemInBuckhead
(110 posts)...that bill was passed in December and made effective in January.
Roland99
(53,342 posts)Johnny2X2X
(19,059 posts)His tax rates went into effect in 2018. Any new laws Congress passes went into effect then too.
So basically all of 2017 was under OBamas tax rates and policies. And the first 9 months was still his budget.
slingsam
(370 posts)January 20 2017
DOW 30 - $21200.62
March 12, 2020
DOW 30 - $21200...
Thank you......DUMP.....for nothing!!!!
7wo7rees
(5,128 posts)Move forward as a community. Don't count on the government from today on.
Water took 5 days to get to Katrina victims. We have to help each other.
Meet your neighbors tomorrow.