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DOW Shatters Records, Reaches 26,000 for the First Time in History
Right now, our economy is riding higher than a vegan eco-advocate at Burning Man in a Bob Marley t-shirt. If only there were more cookies. Seems like every week, businesses are making yuge announcements. To the consternation of every leftist who claims to "care" about people's well-being. Look at what happened with the DOW this morning:
Seven trading days. That's how long it took the Dow to rocket from 25,000 to 26,000.The market's latest milestone, reached on Tuesday just after the opening bell, easily sets the record for the fastest rise between 1,000-point barriers. The Dow has been around for 121 years.
The Dow has spiked almost 8,000 points, or about 42%, since President Trump's election. The stock market boom reflects enormous excitement on Wall Street about record corporate profits and strong economic growth at home and abroad -- all of which could be boosted by the GOP tax overhaul.
"The market has certainly come out of the gates fast in 2018 after a stellar 2017," said Art Hogan, chief market strategist at Wunderlich Securities.
I hope you've packed an umbrella. Cuz it looks like America's about to make it rain.
We're not even three full weeks into 2018 and already these tax cuts are making economic magic. Broken records. Raises and bonuses. Every time we think American life can't get any more terrific, the invisible hand passes us his beer. It's an everflowing, foaming pint.
Leftists are trying to give credit for this economic excellence to our former commander-in-chief, Obama the jazzerciser. But, economists have been quick to call such a claim "bottled cow dung." They're instead giving the credit to the Donald for his low-tax and pro-business policies. Which means, sorry Barry. You didn't build that. Hope you change your mom jeans and suck it up. But hey, if you like your delusions of grandeur, you can keep your delusions of grandeur. We just don't have to buy it.
Hopefully, these records will keep breaking. I bet the left is wishing they hadn't spent all that time kicking and screaming against tax reform right about now. If not "right about now" then maybe "right about the first week of November."
