The Dow Jones Industrial Average’s worst Christmas Eve performance since 1918 saw a close of 21,792.20. U.S. stocks were on track for their worst year since 2008, during the Great Recession, and their worst December since 1931, during the Great Depression.
Monday December 23, 2019
The DJIA opened a few minutes ago at 28, 491.78, about a 31% increase.
A thriving domestic economy, strong domestic jobs, lowest unemployment ever, enthusiastic consumer confidence, powerful foreign policy, lower taxes, fewer regulations, and unwavering leadership have all contributed to robust corporate earnings and profits, and have had an unequivocal effect on the capital markets.
-WealthKeep, your MMMM
Monday Morning Money Muse highlights random nuggets of wisdom, common sense, horse sense, and sometimes, just plain old nonsense about your money.