Trump Touts Dow, Slams Dems

President Donald Trump lauded the Dow Jones index opening past 24,000 on Thursday, claiming that Democrats couldn't have had the same effect on the economy.

The Dow just broke 24,000 for the first time (another all-time Record). If the Dems had won the Presidential Election, the Market would be down 50% from these levels and Consumer Confidence, which is also at an all-time high, would be "low and glum!"

— Donald J. Trump (@realDonaldTrump) November 30, 2017

Part of the reason for the improvement could be the progress made on the GOP tax reform bill, despite its unpopularity with the general public.

"The signs continue to be good, the Republicans are actually moving the ball forward and I think the market is optimistic that it's going to happen," Brad McMillan, chief investment officer for Commonwealth Financial, told Newsmax on Thursday. "What happens in the market in the couple of days or weeks is going to depend on whether the Republicans can get this done."

Stock Market hits new Record High. Confidence and enthusiasm abound. More great numbers coming out!

— Donald J. Trump (@realDonaldTrump) November 30, 2017

"Stocks have soared this year, lifted by the strong winds of improving global growth, optimism about pro-growth U.S. policies and still-low interest rates," Kate Warne, an investment strategist at Edward Jones, told USA Today.

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