Still Winning: Russia Story Can’t Stop Stock Market From Hitting New Highs

Published on July 16, 2017

That ‘Trump Bump’ is STILL going strong.

Despite EVERYTHING the media throws at him.

When Trump Jr. did his email dump last week, CNN money threw up a salacious headline.

Trump Jr. emails trigger knee-jerk drop in stock market

Trending: Kid Rock Rescues Tennessee Walmart Shoppers From WHOPPING Debt

But somehow, the content of the article contradicted the headline:

Donald Trump Jr. moved the markets.
Within a half-hour after President Trump’s eldest son released an email chain on his meeting with a “Russian government attorney,” the Dow dropped about 150 points.
The knee-jerk reaction was noticeable, but modest. It represented a decline of just 0.7%. That’s hardly a freakout by Wall Street’s standards.
It was also brief. The market quickly recovered nearly all its losses.

The content of the article used ‘modest’, ‘brief’, and ‘hardly a freakout’.

So why publish the headline? Well, it IS CNN, after all.

They’ve already told us how ‘adorable’ they think a commitment to journalistic ethics really is.

They literally reported a story on meaningless numbers and admitted it in the very telling of the story.

Let’s have a look at some MEANINGFUL market numbers.

Stocks rose to record levels on Friday as earnings season kicked off.

The S&P climbed 0.6 percent to close at 2,459.27, setting intraday and closing records. The index’s previous intraday record was 2,453.82, which was set June 19.

The Dow Jones industrial average closed 84.65 points higher at 21,637.74, a record. The 30-stock index also notched an intraday record.

The Nasdaq composite outperformed the Dow and the S&P, rising 0.6 percent to close at 6,312.47.

Stocks are up.

Job numbers are holding steady, too.

#MAGA

Whatever happened to the economic disaster they promised us would happen when Trump took over?

Was that fake news, too?

A story like this would not be complete without a little bragging. Enjoy.

Share if you LOVE the direction the markets are taking, and can’t wait for those promised tax breaks.

 

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