TRUMP EFFECT: Dow SOARS past 29,000 for first time in history!

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Despite the impeachment, spygate, Russia hoax, etc., the party of hate and anti-Americanism continues to be vanquished by the Trump presidency.

And the U.S. economy added 145,000 jobs in December and over 2.11 million jobs in ’19.

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Dow soars past 29,000 for first time, brushing off weak jobs report

The Dow crossed the 28,000 mark just 37 days ago.

The Dow Jones Industrial Average hit a new record high Friday, crossing past 29,000 for the first time. The blue-chip index crossed the 28,000 mark just 37 days ago.

“11,000 points gained in the Dow in the 3 years since the Election of President Trump,” President Donald Trump tweeted on Friday morning ahead of the milestone. “Today it may hit 29,000. That has NEVER happened before in that time frame. That has added 12.8 Trillion Dollars to the VALUE of American Business.” @Varneyco @FoxNews The best is yet to come!”

The new milestone for the 30-member index came after a disappointing monthly government labor report, with just 145,000 jobs gained for the month of December, sluggish gains in annual wage growth, and downward revisions for November and October job totals.

The Dow crossed the 28,000-mark on Nov. 15 and needed just 48 points Friday to breach the 29,000 mark, having flirted with the number all day Thursday after a de-escalation in the conflict with Iran soothed investor fears, energy prices settled, and Apple posted record gains on higher-than-expected sales in China.

Gains in Apple, Goldman Sachs, and healthcare stocks helped push the index upwards.

Friday’s record caps a rollercoaster week on the world’s stock exchanges, as tensions rose and deflated amid military escalation in the Middle East, a Boeing plane crash with 176 fatalities, and confirmation that China would sign phase one of the trade deal next week in Washington, D.C, after almost two years of a trade war that saw both countries slapping tit-for-tat tariffs on billions of dollars of imported goods.

The Dow fell more than 200 points on Monday before recovering, then fell again on Tuesday by around 100 points. A relief rally followed on Wednesday, expanding on Thursday, after Trump said Iran was “standing down.”

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Mohammed_Goldberg
Mohammed_Goldberg
4 years ago

And the bubble grows…..

felix1999
felix1999
4 years ago

While we prosper financially, we ROT MORALLY.
This is not going to work out well in the long run.
Another victory for SOCIAL LIBERALS!

The Company That Created ‘Barbie’ Has Launched A New Line Of Gender Neutral Dolls
September 25, 2019 Niamh Harris

Mattel, the company that introduced the Barbie doll in 1959, has launched a new line of gender-neutral dolls claiming that “kids don’t want their toys dictated by gender norms.”

On Wednesday, the toy company launched its new line of gender-neutral dolls called Creatable World, where kids are invited to customize their own doll.

“In our world, dolls are as limitless as the kids who play with them” the company said on its website.

But what’s the market? Apparently, the company is banking on Generation Alpha – kids born after 2010 – embracing gender-fluidity from an early age. Mattel has periodically updated its iconic Barbie range in keeping with the times too, from a fat Barbie in 2016 to a black Barbie in a wheelchair earlier this year.
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felix1999
felix1999
4 years ago
Reply to  felix1999

Cont’d –
It will complement the REQUIRED LBGTQ promotion is school subjects with NO OPT OUT.

New Jersey becomes second state in nation to require that schools teach LGBT history
Hannan Adely, North Jersey Record Published 12:47 p.m. ET Feb. 1, 2019 |

New Jersey has become the second state in the nation after California to adopt a law that requires schools to teach about LGBT history in a move hailed by civil rights groups as a step toward inclusion and fairness.

Gov. Phil Murphy, a Democrat who promised to promote equality for gay and transgender people during his campaign, signed the bill Thursday. Among those celebrating the news was Jaime Bruesehoff, of Vernon, whose 12-year-old transgender child Rebekah spoke in support of the bill in Trenton in December.

“This bill is so important for our young people,” Bruesehoff said. “They need to see examples of themselves in the history being taught and in classes they are going to each day. We know representation matters.”

Under the measure, public schools must include lessons about the political, economic and social contributions of individuals who are gay and transgender, starting in the 2020-21 school year. The bill also requires teaching about contributions of people who are disabled.

The law does not apply to private schools.

https://www.northjersey.com/story/news/2019/02/01/nj-schools-teach-lgbt-history-new-law/2743028002/

There is NO PARENTAL OPT OUT. Besides it will be included in ALL subjects!

Mr. Mojo Risin'
Mr. Mojo Risin'
4 years ago

Wow! This is what 1928 must’ve felt like.

TD
TD
4 years ago

Trump though has better fundamentals than the 1920s.
Bill Clinton had the internet bubble. Obama had the Fed on his side.

Trump is doing it mostly without the fed; or other stuff.

ed
ed
4 years ago

Back in ’28, people were jumping out windows in tall buildings. Since you think it’s 1928 again perhaps you should take a swan dive off the Sears Tower…..

Drew the Infidel
Drew the Infidel
4 years ago

And the commiecrats will counter with what? Medicare for all?

Or will it be some blast from the past like “If you like your doctor, you can keep your doctor “? Or more “crony capitalism” like Solyndra? Or more minimum wage fiascoes such as “shovel ready projects “?

BTW, how many shares of Solyndra or Fisker Automotive have you in your investment portfolio?

John Acord
John Acord
4 years ago

The only real hope for the Commiecrats is to destroy the economy. Don’t forget that coming out of the Republican convention in July 2008 McCain was 7-8% ahead of Obama. It was the crash which many believe was engineered that elected Obama.

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