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Economist Justin Wolfers - The Dow rose 16%,MSCI total return (the rest of the world without the US)rose 38%
Kinda takes the shine off Trump, Bondi et all bragging.
Economist Justin Wolfers on Trump and Bondi’s brag about the Dow: “The Dow is 30 big, blue-chip American companies. It’s definitely not the whole economy. There’s no young companies, there’s few tech companies, no utilities - but that’s not really the point. The Dow rose 16% since Trump took office. Let’s compare the US to the rest of the world. Compare it to the MSCI total return (the rest of the world without the US) - that’s the best one for doing an apples-to-apples comparison to the Dow. The rest of the world is up by 38% during that same time period.”
https://www.meidasplus.com/p/this-weekend-in-politics-bulletin-ead?r=9qw74&utm_medium=ios&triedRedirect=true