Fortune has been bought and sold twice since 2017 - once to Merideth Publications who then sold it again to a Thai company.
They are down to few readers and even less subscribers. The magazine is given away free at trade shows to pump up fake circulation numbers.
No one cares what Fortune prints...
3 years VS 8 years?
Fortune is now and always has been a left wing rag. It is now but one more home for propaganda spewing presstitutes
Why do you post such nonsense?
All I know is our 401s and 403s
LOOKED NOTHING LIKE THOSE CHARTS...NOTHING LIKE THEM.
Since January 2017 we are HAPPY CAMPERS
I could not care LESS ABOUT THOSE STUPID CHARTS
...But Markets Still Performed Far Better Under Obama
_______________________________________________________
Not for most Americans it didn’t. If what the writer is saying were true, then the Hilda-beast would have beaten Trump as her economic policies were merely extensions of Obama’s economic policies.
charts starting with election night for trump?
The blathering reveals something important. The market went up just before Trump’s inauguration (it was in anticipation of Trump, so Trump needs to get the credit!).
It went down before bammy’s immaculation (it was out of knowledge of what bammy would do to this country, so bammy needs to get the blame!).
It all Lies, Damned Lies and Statistics. (To quote SLC)
Trump, and most REAL economists, know that the stock market performance is not totally indicative of the health of the economy. Proof of that is the Obama economy, which performed very poorly while the stock market was doing well.
Now we have an economy which is performing fantastically, while the stock market is also doing well. I’d say that the vast majority of people in the country would prefer the Trump economy over Obama’s.
If not for the waiting that investors are doing regarding the trade deal with China, the stock market would easily have topped the 30,000 mark by now, and perhaps would be approaching 35,000. Once the deal is made (if ever), the stock market will soar, and it would have gains much larger than during Obama, and not just in the pure number, but in percentage gains.
1) The market rallied 30% after Trump was elected through inauguration. That should be counted towards Trump's performance
2) Obama was starting from the lowest levels of the last two decades. Trump was starting near the top of the highest levels ever.
Obama’s term started after a generational stock market crash when companies were selling as if the world was at an end. So yeah, all it took is for the panic selling to stop for the market to recover at a huge % rate!
It’s BS, when Obama took office the economy just bouncing off the biggest loss since the great depression, of course the percentage would be higher as the market had no place to go but up.
Will post more later, but as most here probably know, this is fanciful malarky.
First, there was a significant downturn in stocks coinciding with the election of and beginning of Obama’s presidency. I’m not blaming him for that, but it meant that just recovering to previous levels would make it look like he was rallying the stock market.
Second, the charts shown depict ‘percentage’ changes, which skews the data markedly. For example, if the Dow goes from 8000 to 9000 (it was in the 8000s when Obama was initially in office), that is a 12.5% increase. On the other hand, if the market goes from 26,000 to 27,000 (as it has during the Trump presidency), this is a 3.85% increase - even though the absolute points it has risen in the same period is the same.
There’s more, but suffice it to say that assessment shown is useless.
8 years of 1-2% growth and now Obama was a great growth President? Lies...Damn lies...
Unfortunately, two things happened: sHrillary lost the primary to Zero, and the Deep State overdid things and crashed it much farther than they intended.
So recovering from the worse Stock Market crash since 1929 isn't exactly praiseworthy for Zero.
That's my Conspiracy Theory and I'm sticking to it!
“Dow’s 1-year gain since Trump’s win is its biggest post-Election Day rise since 1945”
Bull
I’ve been in an S&P 500 Index fund for a long time, believe me, my returns on it were NOWHERE near what I have seen under Trump during the Obama or Bush years....
Did you know the markets had multiple high after 1929 during the so-called Great Depression?
The stock market is not the economy.