General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
CNBC Television
comments
Comments by "" (@TheDavidlloydjones) on "Stocks hit all-time highs after Trump proves he's mastered art of trade deal" video.
Wrong. Well, uh, you name "lies" is right, but your post is wrong. Obama repaired the economy, and took the Dow from 6,000 to 18,000 -- and his Fed Chief Yellen took it up to 26,000 in January 2018. That's where it is now.
1
It has nothing to do with any trade deal. There is no trade deal. There was a Trump announcement of an agreement to have an agreement. Later. He made the announcement with the outgoing President of Mexico. Quite possibly Trump doesn't even know the guy's time is up. He'll be gone before Trump can even get the legislation written, let alone passed. The stock market is climbing because the joint is awash with cash -- the trillions brought back from abroad under the tax holiday the Republicans have given corporate America. They've spent hundreds of billions on stock buy-backs, which pushes prices up, as intended, and hundreds of billions more is in the hands of company owners and other rich folks. It's a one time thing, pure air, and it will stop soon. Fools' gold.
1