While liberals continue cry, wail, and gnash their teeth, the markets continue to climb. The stock market just concluded its best four-month period since the 2009 housing crisis recovery.
New plans to revitalize our infrastructure, lower tax burdens, and a President taking an active role in creating higher paying jobs has created what economists call “The Trump Effect”, which has inspired foreign investors, domestic corporations, and small business owners to invest America’s growth.
The benchmark Dow Jones Industrial Average (DJIA) closed at 18,589.69 on Nov. 9, 2016 the day Trump won the election with 304 electoral votes. Today, it ended the day at 20,860.05, marking a 12.2 percent gain since since election night. That’s the best 120-day stretch since March 13th, 2009 through July 13th, 2009, when the index soared 22.9 percent.
Here’s a look at the last 4 months:
And here’s the 4 month period from 2009: