Sally Maths wrote:
Not Sally wrote:
DJIA was around 18,000 when Trump was elected.
DJIA is around 26,500 today.
26,500/18,000 is about 1.47. So, DJIA is up around 47% since Trump was elected. 50% seems like a reasonable round off.
DJIA was around 20,000 when Trump TOOK OFFICE. Why are you claiming market gains as Trump's while Obama was president?
TRUMP DJIA DAY 1 (* of start of year 2): 26,609
TRUMP DJIA YESTERDAY: 26,507
TRUMP DJIA CURRENT: 26,638
BASED ON MARKET CLOSE--SINCE JAN 2018: Trump market performance = MINUS 0.4% = #SAD
1) I am not claiming any gains as Trump's. Market gains and losses do not belong to Presidents. Indeed, Presidents generally have only a tiny effect on the market, if any at all.
2) I referenced election day for the obvious reason that this was the day that Sally referenced when she made her 50% claim (see bolded text above). Thus, when you asked; "Sally, please explain your 50% math." the ONLY reasonable date to use as a starting point was election day, 2016. How could you possibly have missed this?
3) While using election day for reference is debatable, it is certainly far more justified than using the arbitrary Jan, 2018 date that you mention.