by Bob Walsh
Yesterday the Dow Jones Industrial Averages closed at 28,004. This is another new high for the market, something like the fifth this month. A lot of people vote with their wallet. If this keeps up it can only help Trump and will do no good at all for the Democrat-Socialists attempting to demonize him.
EDITOR'S NOTE: There is a problem though. This is good news mostly for investors like me and not for those Americans who do not own any stocks. What counts with them are jobs and wages. A high Dow Jones average doe bode well for the job market.
2 comments:
BGB there is no downside to a growing economy. A lot of low wage earners have 401k's.
And for those of us on state retirement plans...those plans heavily invested in the stock market.
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