Tuesday, December 27, 2016

"The world was gloomy before I won" - DJT

  
The world was gloomy before I won - there was no hope. Now the market is up nearly 10% and Christmas spending is over a trillion dollars!

p.s. - the market is up by 285% since Barack Obama assumed office - that includes a record seventy three consecutive months of job growth.

And the Goldman Sachs estimate for 2017 is based on their understanding that we are already at "full employment".

How do we understand the disconnect between the surge for Trump ( principally among white voters) who says everything is horrible - and the reality that things are pretty god - steady growth, low unemployment, low inflation, better health care, et cetera?

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