AZGrizFan wrote:JohnStOnge wrote:
Ok. I say that the kind of percent growth we've had in the DJIA under Trump is within the range of variation within the current Bull Market run prior to Trump getting elected or taking office. You can look at annual returns at http://www.1stock1.com/1stock1_139.htm. The Bull market started during 2009.
The range of return rates for the DJIA for 2009 through 2016 is -2.23% through 26.5%. We have one full year under Trump to evaluate. The rate of return for 2017 was 25.08%.
Is 25.08 within the range -2.23 through 26.5 or is it not? There's an objective answer to that question. It's not a matter of opinion.
Now, there is a chance that we could get something beyond the range of what happened during 2009 through 2016 if the return for 2018 exceeds 8.74%. If that happens the first two full years under Trump will exceed any two year rate of return during 2009 through 2016. If that happens I will say so. It will be objectively true.
What was the rate of return in 2015 and 2016? You go back to 2009 and sure it looks good. Market was DEAD SOLID flat for two straight years before the election. I’ve proven that to you, you just choose not to see it.
Here's the answer, John. And pay attention, because this is the last time I'm explaining this to you:
So, the market had gone up just 7.92% in the 35 MONTHS prior to Trump's election night victory, and had actually gone DOWN in the almost two full years prior to his election. The market was dead. Stagnant. Void of any energy because of the onerous regulations put on it by the Obama presidency. So, how did it respond to a Trump victory?
By 12/31/16 (just 56 days): 19,762.60 (up 10.48% in just 56 days)
By 12/31/17: 24,719.12 (up another 25.08%)
Anyone with an OUNCE of integrity would look at those numbers and KNOW that is the Trump effect. From a 2.5%/year average for 3 full years, to up 35+% in just over 13 months.
But you're right. No effect. None at all.