The Other McCain

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Great Again: Dow Hits Record High

Posted on | January 25, 2017 | 2 Comments

Thank you, Mister President:

Dow 20,000 is finally here.
After weeks of close calls, the Dow made history on Wednesday by blowing past that key level for the first time ever.
The historic milestone leaves the Dow up a stunning 1,667 points since President Donald Trump’s victory in November. The achievement is evidence of how optimistic investors have become about the prospects for the U.S. economy.
“The stock market has given him this extraordinary vote of approval. Happy days are here again,” said Ed Yardeni, president of Yardeni Research.
Wall Street is clearly betting that Trump’s plans to slash taxes, ramp up infrastructure spending and cut regulation will make the American economy grow faster.

(Via Memeorandum.)

 

Category: Economics

Comments

2 Responses to “Great Again: Dow Hits Record High”

  1. Doesn’t Speak English… | Regular Right Guy
    January 25th, 2017 @ 12:57 pm

    […] Great Again: Dow Hits Record High […]

  2. Barely Speaks English… | Regular Right Guy
    January 25th, 2017 @ 1:29 pm

    […] Great Again: Dow Hits Record High […]