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Biden inherited a very strong economy/market. It was at 30,000 when he too


Biden inherited a very strong economy/market. It was at 30,000 when he too  

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Author: TheCrow   Date: 1/10/2023 12:23:31 PM  +3/-0   Show Orig. Msg (this window) Or  In New Window

Biden inherited a very strong economy/market. It was at 30,000 when he took office. Got as high as 36,000 but has plummeted ever since and has been hanging around the 32K / 33K mark.


The "32K / 33K mark" that you speak disparagingly of is higher than at any point in the Trump administration, excepting a total of about 4 months interrupted by the COVID Recession, which Trump inarguably contributed to the severity of.


Not to mention that 'the Market' is not the economy. It's a broad estimate of the future- you don't buy stock to repeat the past as the future if you're smart. 


 
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Why the stock market performed the way it did (or didnt') +4/-0 bladeslap 12/28/2022 9:50:07 AM