Stocks have been increasing for years now. Where was the credit to Obama?
With that said, stocks going up only help "certain" people. What about other areas that are being affect? My home value had been going up steadily for a few years now....and now, the value has dropped 3 times. Thanks Trump.
http://time.com/money/4754213/stock-market-trump-100-days-presidents/
I lol at you attributing the stock market increases to him being a "business guy".
"Helping certain people" is a ton of people. Anyone who has stocks, a company plan or pension fund has rode the wave. Now if someone has zero equities, that's their problem. They have nothing to gain or lose, while people with equities rides the risk of losing money. People with nothing complain when people with assets gain, but you never hear from them when markets drop and people's stocks/home prices plummet.
Your link about presidents is only the first 3 months IN OFFICE (Jan 20 to end of Apr). Also, since end of April, markets have rose another 2% since the article was written.
If you look at what the markets have done since he got elected in early Nov 2016, markets have been on fire. And that's despite tons of bad mouthing about Trump, including business leaders back then.
Nov 8, 2016 S&P 2,140 pts
June 2, 2017 S&P 2,440 pts
+300 pts = +14%
Nov 8, 2016 Dow 18,300 pts
June 2, 2017 Dow 21,200 pts
+2,900 pts = +16%
Nov 8, 2016 Nasdaq 5,200 pts
June 2, 2017 Nasdaq 6,300 pts
+1,100 pts = +21%
Whoever discredited the markets when Obama was pres? Markets rose a lot too. Big difference is that Trump is "supposed to be bad" for business. And that may be true for foreign companies, but not for American-based companies.
Obama took over when markets had already spiraled down 40%. He took over when markets were at 20 year lows and things did great growing back, but he took over at a time markets can't really get any worse. He took over when market indexes were equivalent to what they were in 1997. Trump has taken over and it's kept on going despite negativity. If people believed all the hoopla last year from the press and business leaders, markets should have tumbled, but they've accelerated since he won the election.