The Dow Jones broke the 30,000 mark on Tuesday. This has never happened before.
When it comes to economic successes like this, Trump has made it look easy.
Does anyone believe this type of prosperity will continue if Joe Biden is made president?
The New York Post reports:
Dow closes above 30,000 for the first time in history
The Dow Jones Industrial Average closed above the 30,000 mark for the first time ever Tuesday as Wall Street cheered good news on coronavirus vaccines and a key step toward a peaceful transfer of power in Washington.
The blue-chip index surged 454.97 points, or 1.5 percent, to close at 30,046.24. Earlier in the session, the index hit 30,116.51, an all-time intraday high…
On Tuesday, Trump convened a surprise news conference at the White House that lasted about a minute in which he appeared to take credit for the Dow’s milestone.
“The stock market’s just broken 30 thousand. Never been broken, that number,” Trump told reporters. “That’s a sacred number, 30 thousand. No one thought they’d ever see it.”
It has been a roller-coaster year for the Dow. After flirting with the 30,000 mark in February, the index got clobbered as the coronavirus arrived in the United States a month later, briefly plunging below the 19,000 mark.
It has since clawed back those losses, with most analysts citing aggressive measures by the federal government to prop up the economy.
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— Team Trump (@TeamTrump) November 24, 2020
This sort of economic news is part of the reason people made Trump the president in 2016.
If he is denied a second term, the people will be the ones who lose the most.