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To: Strident
Step back and look at the bigger picture. In exponential growth, you are always starting at a low point and growing from there. Nothing new there. If you look at the Obama years, you see his dip happening AFTER he took office. The chart starts before the crash when the DJIA was higher.

Here's the bigger picture DJIA going back to 1980. The market grew faster than the long-term average from 1995 to 2008. After the crash, it resumed its long-term growth trend. You can eyeball in that trend.


37 posted on 02/18/2020 10:53:24 AM PST by ProtectOurFreedom
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To: ProtectOurFreedom

looks to my eyeball like the slope increased mid-way through the 2010-2020 decade

Compare the first derivatives, not the percentage increase?


41 posted on 02/18/2020 11:11:25 AM PST by Strident (< null >)
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To: ProtectOurFreedom
If you look at the Obama years, you see his dip happening AFTER he took office.

The market had dropped from 14K to around 8.5k when he was elected and dropped another couple hundred before he was inaugurated. It bottomed out around 7000 near the end of February his first year.

53 posted on 02/18/2020 1:41:17 PM PST by semimojo
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