Back to the Future (Make That, “Jan. 20, 2017”)
[Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.]
After today’s 2,000 point rout, the Dow — at 23,851 — is now just 3,700 points above the level when Donald Trump took office.
Two more days like today, and the market will (more than) give back all the gains it’s registered since then.
Perhaps Trump’s Fall opponent — whomever that turns out to be — should ask voters, “Is your 401k bigger now than 4 years ago?”
P.S.: Bonus question for voters: “Are you healthier now than you were four years ago??”