Stock Market BOOMING Under Trump But...


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Trump has Wall Street winning but is that really the measure of economic success. Cenk Uygur, Ana Kasparian, and Aida Rodriguez, the hosts of The Young Turks, discuss. Tell us what you think in the comment section below.
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“President Trump has routinely celebrated, and taken credit for, the stock market’s record-setting climb during his first year in office.
Optimism around the new tax code, as well as a relaxed regulatory climate, has helped drive the Standard & Poor’s 500-stock index’s 30 percent rise since Mr. Trump took office. But that performance falls short of the market’s gains during the first years of the presidencies of Barack Obama and the elder George Bush.
Mr. Obama took office amid the financial crisis. Stocks were in a freefall and hit bottom nearly two months after his inauguration. Equities then rebounded and finished Mr. Obama’s first year up more than 30 percent.
Mr. Trump, by contrast, became president during one of the longest sustained bull markets in history, and stocks have continued to set record highs during his tenure.”
Hosts: Cenk Uygur, Ana Kasparian, Aida Rodriguez
Cast: Cenk Uygur, Ana Kasparian, Aida Rodriguez
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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