Ok, thanks Pam. I am pretty sure that actually isn't relevant to the DOJ's activities or related to the question you were asked, BUT in the spirit of the Olympics lets take a look and see if DJT would be on the podium for equity returns over the past year.
Gold medal Korea KOSPI 127%
Silver medal Japan Nikkei 50%
Bronze medal MSCI Emerging markets index 49%
Canada TSX 34%
UK FTSE 23%
MSCI World 19%
Hong Kong Hang Seng 15%
S&P 500 15%
Dow Jones index 13%
Our president can post a video of him winning the gold medal against Canada but he sure can't claim that his economic policies are medal winning. Canada TSX is doing 260% better than the Dow over the past year. Emerging market are doing 372% better than our poor Dow. The entire world stock market is doing 220% better than the S&P 500. So when Trump claims tonight at the State of the Union that we should be thrilled with how good our 401ks are doing, you should realize that if your sold all your stocks when DJT was elected and bought the MSCI index ex US you would have done 220% better. Let that sink in.
To add insult to injury (or at least poor performance) if you had invested overseas you also would have not lost 8% (DXY) as your currency our dollar depreciated.
Would Mr. Market give DJT a medal for our stock market performance. Nope. But one thing this administration doesn't do is let facts get in the way of a good story. So Pam you go right ahead and shut up those evil socialist libtard dems with that devesating clap back that we should all be thankful for our crappy equity performance under DJT.
