Working-Class Hero Donald Trump Sure Has Been Good For Wall Street

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The election of blue-collar hero Donald Trump is already paying off:

A Dow 20000 milestone would have Goldman Sachs Group Inc. to thank….Shares of the Wall Street firm are up 31% since Election Day, rising to within striking distance of their all-time closing high of $247.92, which was hit in October 2007. That compares with a 8.6% rise in the Dow industrials.

And it’s not just Goldman Sachs. Bank of America has done even better, and the rest of America’s megabanks are doing pretty nicely too. It’s a wonderful time to be on Wall Street.

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily bluster—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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