sheepdogs1
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NASDAQ is the same thing... see the chart below. Continuing the same upward lift it has been on since 2010.
And of course it's an accurate statement... Again though, the DOW hit 118 "all time highs" under Obama, then it continued hitting "all time highs" under Trump... The Nasdaq is no different.
The difference is advertising... We didn't hear "NEW ALL TIME HIGH ALL BECAUSE OF ME!" hundreds of times under previous administrations like we do now.
But, like everything else I am demonstrating, it's on the same path it's been on for a long time. That is good. As a country we should want these things to continually improve regardless of who is president, but we should keep in mind the context.
How many times did the federal reserve increase interest rates while Obama was prez? How many times were rates increased while Trump was prez? If you want the economy/market to increase would you rather the rates increase or decrease for one is buoyant while the other constrains?
See graph: https://www.npr.org/2019/07/31/734060292/fed-cuts-interest-rates-for-1st-time-since-2008
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