How good the stock market under Trump really is, in one chart

[nic34]

And the stock market has little or no effect on the national debt...

http://money.cnn.com/2017/10/12/news...ebt/index.html

[Crepitus]

He was coming off historic lows. With that said, O's economic recovery was the most flaccid in history.

I know! Handed an economic disaster in the midst of a stock market crash President Obama still managed to outperform your boy who inherited a growing economy in increasingly better shape!

Amazing huh?

[Chris]

And the stock market has little or no effect on the national debt...

http://money.cnn.com/2017/10/12/news...ebt/index.html

Why would it?

What would affect the debt is cutting back on spending.

[Peter1469]

I know! Handed an economic disaster in the midst of a stock market crash President Obama still managed to outperform your boy who inherited a growing economy in increasingly better shape!

Amazing huh?

That is simply a wrong and stupid conclusion. Partisan much?

[Crepitus]

That is simply a wrong and stupid conclusion. Partisan much?

What's "wrong" about it? It's right there in black and white!

[DGUtley]

How good the stock market under Trump really is, in one chart Interesting chart allowing you to compare the percent change in the stock market under current and past officeholders.

In fairness to The Donald, isn't The Obama's chart really a false equivalency? Didn't it really take a pelosi right before he took office so it going up a lot meant we were recovering what we falsely lost due to that panic?

[Crepitus]

In fairness to The Donald, isn't The Obama's chart really a false equivalency? Didn't it really take a pelosi right before he took office so it going up a lot meant we were recovering what we falsely lost due to that panic?

If you highlight the Obama line you will see that the market was actually still in free fall when he took over, dropping almost 20 points below his baseline zero before beginning an upward trend. If we used the low point as the zero he would have outperformed everyone on the chart.

[DGUtley]

If you highlight the Obama line you will see that the market was actually still in free fall when he took over, dropping almost 20 points below his baseline zero before beginning an upward trend. If we used the low point as the zero he would have outperformed everyone on the chart.

Crep, I honestly don't know enough about it, I just remember it had dumped massively right before and right after he took over so it was way low to begin with and then shortly after started its upward climb. I have long believed that if they left well enough alone it'd have all recovered fuller without all of the regulatory handcuffs. I just remember it being very low in march or april, having dumped twice in that short timeframe, so in my mind it was a false low brought about by emotional economic panic.

[Peter1469]

What's "wrong" about it? It's right there in black and white!

Statistics are used to lie on a daily basis. You participated in it.

[Crepitus]

Statistics are used to lie on a daily basis. You participated in it.

Nice, don't like the numbers so accuse me of lying.

Have a nice day.