The U.S. stock market closed on Tuesday at a record high, marking a stunning rebound from the beginning of the year and silencing critics who preached doom and gloom when the president was elected.
The market "Quickly recovered in the past three months as the Federal Reserve stopped raising interest rates and the Trump administration said it was making progress on a trade deal with China," Fox Business reported.
One of the companies which posted higher-than-expected earnings for the past quarter was Twitter, the preferred social platform of President Trump.
To nobody's surprise, Trump used his account to make several comments about the economy on Tuesday in the midst of the stock market rally.
Around a month before the 2016 election, liberal reporter and Trump critic Kurt Eichenwald similarly preached doom if Trump took the White House.
"In preparation for a completely unpredictable Trump presidency, I sold all stocks in my kids' education accounts today," Eichenwald posted on September 26, 2016.
The stock market can of course be a volatile place, but if the economy continues to power forward as the 2020 election heats up, all of the president's challengers will be facing a very steep uphill battle.
https://www.westernjournal.com/ct/winning-stock-market-closes-time-high-quarterly-profits-beat-expectations/
The market "Quickly recovered in the past three months as the Federal Reserve stopped raising interest rates and the Trump administration said it was making progress on a trade deal with China," Fox Business reported.
One of the companies which posted higher-than-expected earnings for the past quarter was Twitter, the preferred social platform of President Trump.
To nobody's surprise, Trump used his account to make several comments about the economy on Tuesday in the midst of the stock market rally.
Around a month before the 2016 election, liberal reporter and Trump critic Kurt Eichenwald similarly preached doom if Trump took the White House.
"In preparation for a completely unpredictable Trump presidency, I sold all stocks in my kids' education accounts today," Eichenwald posted on September 26, 2016.
The stock market can of course be a volatile place, but if the economy continues to power forward as the 2020 election heats up, all of the president's challengers will be facing a very steep uphill battle.
https://www.westernjournal.com/ct/winning-stock-market-closes-time-high-quarterly-profits-beat-expectations/
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