According to Google Finance, the Dow Jones Index has climbed 801 points since January 2, 2018. Since the beginning of 2017, the Index has climbed more than 5,000 points, which is more than 27%. But the “Trump Bump” is over – before it ever began.
The huge climb of all three American stock indexes began in early November 2016 – does that date sound familiar? The climb under Obama was much less dramatic, having gone up 4,114 points from February 2013 to September 2016. In other words, a climb that took almost four years under Obama has already been beaten by Trump in little over a year.
According to a recent article by The Hill, the climb during the Trump Presidency has been called the “Trump Bump”, even though stock index charts show the climb has been much greater than a “bump”. Until the last few days, the stock price was climbing faster than it did even during the late 1990’s. Why? President Trump has kept businesses in the U.S. and supported American businesses and trade more than the work of other countries.
The recent fall of nearly 700 points made little sense when taking the economy into account. The following is mentioned on The Hill, “Nonfarm payrolls rose by 200,000 jobs, exceeding expectations by 20,000 jobs.” The Hill’s recent article recommends that investors hold onto their stock on the basis that the Dow Jones will soon return to its prices before the “plunge“.
The general stock market trends show that Trumponomics is far superior to Obamanomics, even with strong Media opposition to the Trump Presidency and support for the Revolutionary former President Obama.
Anti-Trump headlines from the New York Times have continued, with the latest being his alleged “War on a Pillar of Society: Law Enforcement“. They once again use Russia as a way of tearing down Trump by saying that “[t]he war between the president and the nation’s law enforcement apparatus is unlike anything America has seen in modern times.” But as the Mainstream Media gets more and more Revolutionary, so Trump continues to have victory after victory over them. They now have to avoid major news headlines, like his State of the Union speech, and instead return to “Russia collusion”. The general public must be tired of hearing “Russia collusion” over and over again!
Another thing to notice about the NY Times article is that they refer to Trump as “Mr. Trump”, not “President Trump”. Meanwhile, an article written about Obama in December 2017 (long after his period as President ended) still calls him “President Obama”.