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Reply to "Trump 47 Economy"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]New intraday Dow high, let’s see where it closes.[/quote] That was happening weekly during the Biden administration and you thought the economy was terrible.[/quote] Who here thought the Dow would be hovering around 47,000 during the first year of the Trump Administration? I sure didn’t.[/quote] The DOW is a measure of corporate profits, not the health of the economy. The fact is, the underlying metrics are trending in the wrong direction already and the impact of tariffs are not yet in place.[/quote] You avoided my very simple question.[/quote] No one's avoiding your question. It assumes facts that are not in evidence: namely that a high number for the DOW translates into a healthy economy. The second assumption is that today’s dollars under Trump are as valuable as they were under Biden. They are not due to a tanking dollar. [/quote]
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