General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow does Trump get the calculation that markets have gone up 42% since he took
office?
Do you have to add up all the different indexes?
On Jan 25, 2017, the Dow was at 20,028. On Friday. April 6, 2018, it closed at 23,932. This equates to a 19% increase.
Angry Dragon
(36,693 posts)imanamerican63
(13,830 posts)dalton99a
(81,656 posts)Arkansas Granny
(31,537 posts)Trump repeats Canada trade deficit claim after boasting about bluffing to Trudeau
https://www.politico.com/story/2018/03/15/trump-canada-trade-deficit-465464
smirkymonkey
(63,221 posts)The same place he gets all his bullshit statistics from. He knows his base is too lazy and stupid to look them up or even question them so he thinks he can get away with it.
rock
(13,218 posts)I think you'd be able to tell.
marylandblue
(12,344 posts)Thereby taking credit for stuff that happened before he took office, and avoiding the blame for the selloff in the last few months.
ProfessorGAC
(65,319 posts)Since "it" won the election in 2016, "it" is claiming 2016 as well. Since it went up around the same 19% that year, then 1.19*1.19 is 1.416. Or 41.6%.
Given that had "it" simply invested that huge inheritance in the market and then done nothing but live like royalty and used a private jet to fly from golf course to golf course (and actually paid for the golf at other people's courses) "it" would have been worth approximately 2x what was advertised. (And i don't even believe that number.)
So knowing how investing works is clearly not in the skillset.
Laura PourMeADrink
(42,770 posts)truly amazing that he is throwing SO many balls up in the air that we (everyone) is letting him get away with it. What can we do? He knows.. he just doesn't face the press so he can say anything.
And, he's got the perfect pawn with Huckabee. she's got it down to an art..criticize for repeated questions (they didn't answer first time ! )...give a clipped and flippant answer and immediately turn head toward someone else.
Arkansas Granny
(31,537 posts)will be accused of spreading "fake news".
tonyt53
(5,737 posts)brewens
(13,637 posts)them a heads up about. Those guys would be up 42%.
Laura PourMeADrink
(42,770 posts)utter lawlessness.
dalton99a
(81,656 posts)DFW
(54,465 posts)It's the same one that tells Trump that if he shows assets of $8 billion and debts of $12 billion, that he is worth $20 billion.
BadGimp
(4,021 posts)FAKE NEWS!