thegagline wrote: “The market was over bought. For a point of reference, the Dow was at $31,188 when Biden was sworn in. It is now at approximately $38,370.”
Sir, that might look like a crazy gain at first glance, but do you know what that return that is on annualized basis? 6.1%. Not terrible, but below the Dow’s historical average of 9.9%. Nothing to brag about for Biden-Harris.
It sounds like the stock market is down on real (inflation adjusted) terms.