“Three Years Ahead Of Schedule” – Trump Blasts The Experts After Dow Hits 50,000
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The Dow Jones just broke another milestone under President Donald Trump.
The Dow Jones reached over 50,000 for the first time ever on Friday.
The Dow Jones Industrial Average broke through another key milestone, the latest in a roughly 130-year ascent that’s involved an ever-changing group of stocks.
The closely followed average on Friday eclipsed the 50,000 marker for the first time in its history. But the index today looks far different than it did a century ago — or even just a few decades earlier.
The average was created by Charles Dow in 1896 with just 12 industrial stocks. Paired with the Dow Jones Transportation Average, the two were collectively meant to offer a gauge for the broader economy. After eight stocks were added in 1916, followed by another 10 in 1928, the Dow has stood for nearly a century at 30 members.
To reflect the country’s industrial presence, companies have been added and removed over time as the economy has evolved. Take technology, for example. There are now seven well-known stocks from the sector in the index, reflecting its growing prominence in the equity market and corporate world.
Trump reacted to the news by blasting the experts.
Trump also warned that “Democrats will CRASH the Economy” if they get back control.
The “Experts” said that if I hit 50,000 on the Dow by the end of my Term, I would have done a great job, but I hit 50,000 today, three years ahead of schedule — Remember that for the Midterms, because the Democrats will CRASH the Economy!
