General Discussion

AGeddy

(509 posts) Thu Feb 27, 2020, 05:07 PM Feb 2020

In 4 trading days... nearly 40% of DJIA gains since Trump was inaugurated have been wiped out

January 20, 2017: 19,795

February 21, 2020: 29,146

(Gain of 9,351)

Close today (February 27, 2020): 25,766

(4-day loss of 3,380)

36% of DJIA gain during Trump presidency has been lost in 4 days.

8 replies

= new reply since forum marked as read

Highlight:

In 4 trading days... nearly 40% of DJIA gains since Trump was inaugurated have been wiped out (Original Post) AGeddy Feb 2020 OP

The remaining 64% looks pretty precarious too. Girard442 Feb 2020 #1

and we are down about 3800 from record high of just a couple weeks ago wishstar Feb 2020 #2

Yes, we are about 40% off the ALL-TIME high... but 36% off just last Friday! AGeddy Feb 2020 #3

Back to Turbineguy Feb 2020 #4

Obama did SO much better! Squinch Feb 2020 #5

Back to where we were Raftergirl Feb 2020 #6

Has Pence been fired yet? Johonny Feb 2020 #7

At this point in Obama's second term exboyfil Feb 2020 #8

Girard442

(6,916 posts)

1. The remaining 64% looks pretty precarious too.

Reply to AGeddy (Original post)

Thu Feb 27, 2020, 05:11 PM

Feb 2020

wishstar

(5,837 posts)

2. and we are down about 3800 from record high of just a couple weeks ago

Reply to AGeddy (Original post)

Thu Feb 27, 2020, 05:12 PM

Feb 2020

Last week ended badly too.

AGeddy

(509 posts)

3. Yes, we are about 40% off the ALL-TIME high... but 36% off just last Friday!

Reply to wishstar (Reply #2)

Thu Feb 27, 2020, 05:14 PM

Feb 2020

Turbineguy

(40,209 posts)

4. Back to

Reply to AGeddy (Original post)

Thu Feb 27, 2020, 05:27 PM

Feb 2020

where we were in October 2019 on one account and mid December 2019 on another.

Squinch

(60,067 posts)

5. Obama did SO much better!

Reply to AGeddy (Original post)

Thu Feb 27, 2020, 05:32 PM

Feb 2020

Raftergirl

(1,862 posts)

6. Back to where we were

Reply to AGeddy (Original post)

Thu Feb 27, 2020, 05:39 PM

Feb 2020

In January of 2018.

Johonny

(26,601 posts)

7. Has Pence been fired yet?

Reply to AGeddy (Original post)

Thu Feb 27, 2020, 05:40 PM

Feb 2020

exboyfil

(18,372 posts)

8. At this point in Obama's second term

Reply to AGeddy (Original post)

Thu Feb 27, 2020, 06:05 PM

Feb 2020

The stock market was up 29% from the start of his second term. Trump is up 31%, and that is with increasing the deficit to gdp from 3.1% to 4.8%.

Reply to this discussion

Kick in to the DU tip jar?

This week we're running a special pop-up mini fund drive. From Monday through Friday we're going ad-free for all registered members, and we're asking you to kick in to the DU tip jar to support the site and keep us financially healthy.

As a bonus, making a contribution will allow you to leave kudos for another DU member, and at the end of the week we'll recognize the DUers who you think make this community great.