{"id":792,"date":"2019-07-26T09:00:59","date_gmt":"2019-07-26T16:00:59","guid":{"rendered":"https:\/\/sandiegonewsdesk.com\/?p=792"},"modified":"2019-07-26T10:52:57","modified_gmt":"2019-07-26T17:52:57","slug":"stock-market-hits-record-high","status":"publish","type":"post","link":"https:\/\/sandiegonewsdesk.com\/?p=792","title":{"rendered":"Stock Market Hits Record High"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Trump economy has brought the stock market to yet another record high. The left\u2019s prediction that Trump would collapse the economy has clearly failed to come to fruition. The Dow Jones Index recently eclipsed 27,000 for the first time ever. Due to heavy deregulation and increased consumer confidence, the economy has become more successful than at any moment in history.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to a study commissioned by the<\/span> <span style=\"font-weight: 400;\">American Council for Capital Formation Center for Policy Research, \u201cThe flow of new regulations under the Donald Trump administration has been much smaller than observed during the Barack Obama and George W. Bush administrations.\u201d This has created an environment of high consumer confidence and business investment with reduced tax and regulatory burdens.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite the good news about the stock market, there are still issues regarding the higher than normal levels of inflation. While inflation last year was 1.6 percent and this year was expected to be 2 percent, inflation has ended up at 2.1 percent.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Along with this, something that could also inhibit economic growth is the increasing uncertainty due to a foreign policy regarding China and the tariff wars. For now, the economy is in excellent shape and this will be a major talking point for President Trump during the 2020 election.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>Photo by\u00a0<a href=\"https:\/\/unsplash.com\/@markusspiske?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\">Markus Spiske<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Trump economy has brought the stock market to yet another record high. The left\u2019s prediction that Trump would collapse the economy has clearly failed to come to fruition. The Dow Jones Index recently eclipsed 27,000 for the first time ever. Due to heavy deregulation and increased consumer confidence, the economy has become more successful&#8230;<\/p>\n","protected":false},"author":3,"featured_media":838,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[],"class_list":["post-792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-opinion"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock Market Hits Record High - San Diego News Desk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sandiegonewsdesk.com\/?p=792\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock Market Hits Record High - San Diego News Desk\" \/>\n<meta property=\"og:description\" content=\"The Trump economy has brought the stock market to yet another record high. 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