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mobeau69

(11,144 posts) Fri Aug 4, 2017, 10:57 AM Aug 2017

Trump is fooling himself with the Dow

"Trump would have trouble replicating Obama’s stock market record if he tried: That would require the Dow to hit nearly 50,000 by 2025."

http://www.politico.com/agenda/story/2017/08/02/trump-is-fooling-himself-with-the-dow-000485

3 replies

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Trump is fooling himself with the Dow (Original Post) mobeau69 Aug 2017 OP

Value of Dow in Euros is down during Trump unc70 Aug 2017 #1

no, he's fooling his base RussBLib Aug 2017 #2

This doesn't effect them directly in their wallets and pocketbooks BigmanPigman Aug 2017 #3

unc70

(6,113 posts)

1. Value of Dow in Euros is down during Trump

Reply to mobeau69 (Original post)

Fri Aug 4, 2017, 11:35 AM

Aug 2017

The value of the dollar versus the euro has declined by a few percent more than the Dow has increased over the last six months. Just buying euros instead of stocks and you would have made about 2% more. Lots of other ways to consider this phenomenon.

RussBLib

(9,008 posts)

2. no, he's fooling his base

Reply to mobeau69 (Original post)

Fri Aug 4, 2017, 01:57 PM

Aug 2017

most of whom probably have nothing invested in the stock market

BigmanPigman

(51,590 posts)

3. This doesn't effect them directly in their wallets and pocketbooks

Reply to mobeau69 (Original post)

Fri Aug 4, 2017, 05:56 PM

Aug 2017

so his base doesn't care a bit. When THEY feel it he will be in trouble.

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