Out of Trump’s last six tweets in the last 24 hours, Trump has tweeted four times about the fact that the stock market has made huge gains since he’s been president, with the latest being yesterday as the Dow soared over 25,000 for the first time:
Dow just crashes through 25,000. Congrats! Big cuts in unnecessary regulations continuing.
— Donald J. Trump (@realDonaldTrump) January 4, 2018
MAKING AMERICA GREAT AGAIN! pic.twitter.com/iONbr1DkVk
— Donald J. Trump (@realDonaldTrump) January 5, 2018
The Fake News Media barely mentions the fact that the Stock Market just hit another New Record and that business in the U.S. is booming...but the people know! Can you imagine if “O” was president and had these numbers - would be biggest story on earth! Dow now over 25,000.
— Donald J. Trump (@realDonaldTrump) January 5, 2018
Dow goes from 18,589 on November 9, 2016, to 25,075 today, for a new all-time Record. Jumped 1000 points in last 5 weeks, Record fastest 1000 point move in history. This is all about the Make America Great Again agenda! Jobs, Jobs, Jobs. Six trillion dollars in value created!
— Donald J. Trump (@realDonaldTrump) January 5, 2018
The Dow has indeed broken new records since he was elected, something that I believe is because of his presidency and the fact that Republicans control the congress. And to be fair, I think it’s also because Obama is gone.
I’m not going to pretend to know exactly how all of it works, but I do think the increases in the stock market reflect the expectation that the market has for the good things Trump and Republicans said they would do, the promises that they made. And they’ve fulfilled at least one of their big promises now in tax reform.
It keeps breaking records so I’m not sure how much longer it can continue at this pace. But for now it does seem to be at least one indicator that the economy is doing much better and a Republican presidency and Congress.