Go President Trump!
Ever wonder where all those QE dollars would go?
;-)
It really has been a remarkable rise. I remember election night when Dow futures fell hundreds of points and “experts” like Paul Krugman said the market would never recover. And then the next day people suddenly realized “Hey, Trump as President is actually a good thing”.
This is the nominal value of all the stock that exists.
But most stock is not traded, but permanently held by large institutions. They cannot sell at the ‘market price’ because potential buyers do not have enough net liquidity. So is their stock really ‘worth’ ‘the market price’? Only if nobody sells!
Yes my retirement 401K fund is doing just fine since Trump was elected.
WINNING!