I just looked at the DOW, and from what I saw (I'm not economist...) even at the lowest point in late March, the DOW never dropped below where it was when Trump took office. It got close, but was still above where it was when he took over from the previous administration. And now, it's nearing where it was at it's all time high, with no indication of stopping.
Comments (13)
sorted by:
I think that some people saw the trends and sold before "covid" which was the excuse for the bursting of the bubble. Then they bought at the bottom while the fed was printing money. They made out like bandits and it's their confidence that's causing the market to climb at the expense of small businesses and the average American. Hopefully it stays strong but you never know. If these people were diabolical they would crash it again and buy again at the bottom one more time.