Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Editorials & Other Articles

mobeau69

(12,228 posts) Fri Aug 4, 2017, 09:57 AM Aug 2017

Trump is fooling himself with the Dow

"Trump would have trouble replicating Obama’s stock market record if he tried: That would require the Dow to hit nearly 50,000 by 2025."

http://www.politico.com/agenda/story/2017/08/02/trump-is-fooling-himself-with-the-dow-000485

3 replies

= new reply since forum marked as read

Highlight:

Trump is fooling himself with the Dow (Original Post) mobeau69 Aug 2017 OP

Value of Dow in Euros is down during Trump unc70 Aug 2017 #1

no, he's fooling his base RussBLib Aug 2017 #2

This doesn't effect them directly in their wallets and pocketbooks BigmanPigman Aug 2017 #3

unc70

(6,492 posts)

1. Value of Dow in Euros is down during Trump

Reply to mobeau69 (Original post)

Fri Aug 4, 2017, 10:35 AM

Aug 2017

The value of the dollar versus the euro has declined by a few percent more than the Dow has increased over the last six months. Just buying euros instead of stocks and you would have made about 2% more. Lots of other ways to consider this phenomenon.

RussBLib

(10,427 posts)

2. no, he's fooling his base

Reply to mobeau69 (Original post)

Fri Aug 4, 2017, 12:57 PM

Aug 2017

most of whom probably have nothing invested in the stock market

BigmanPigman

(54,606 posts)

3. This doesn't effect them directly in their wallets and pocketbooks

Reply to mobeau69 (Original post)

Fri Aug 4, 2017, 04:56 PM

Aug 2017

so his base doesn't care a bit. When THEY feel it he will be in trouble.

Reply to this discussion