Criticize Donald Trump all you want, but the stock market keeps breaking all-time highs . Yesterday the Dow Jones Industrial Average rose 875 points, or 1.73%, to 51,562. Well, actually, the Dow dropped today. But Monday? Why the stock market is doing so well is kind of a mystery. There are no sure signs of greater peace in Iran and Lebanon. Initial jobless claims unexpectedly rose 6.1%, first quarter productivity was revised sharply lower and corporate layoffs jumped 11% in May to 97,000. 40% coming from AI expansion. But I did ask Google AI, did the stock market rise when Donald Trump was president from 2016 to 2020? True, the stock market experienced significant growth during the 2016 to 2020 timeframe of the Donald Trump administration . During his first full term from January 2017 to January 2021, the S&P 500 generated a total return of over (67%). [ 1 , 2 ] I further inquired about his current term. Since the 2024 presidential election, the U.S. stock marke...
New SIMPLE SOLUTIONS for PLANET EARTH AND HUMANITY: This blog site derives from the original version of Planet Earth & Humanity, but will be more WE than ME. The coverage will remain similar, but perhaps these postings will seem to come from a parallel universe, or maybe even Purgatory. But truth and reality will prevail, with dashes of whimsy and levity to help make your day.