If you listen to Democrats, you would think we’re living through a Depression-era economic crisis and that the sky is falling. The tariffs will destroy the nation! they cried.
I remember the Jimmy Carter ‘70s, and the word “malaise” was incredibly apt at describing the overall mood.
That’s not what we’re seeing in America now under Donald Trump’s leadership, and although the stock markets are only one sign of our economic health, they’re an important one. And they’re kicking butt:
The Dow industrials crossed the 50000-point threshold for the first time Friday.
The blue-chip average soared more than 2%, about 1,100 points, to the new record level. All but two of the 30 stocks in the blue-chip average rose on the day. Nvidia gained around 7%. Caterpillar added 6%. 3M rose 4%.
Investors credited a resilient economy and healthy corporate earnings with fueling the gains, saying the slump of recent days had gone beyond the economic fundamentals.
🚨 HOLY CRAP. The Experts are STUNNED after the DOW just hit 50,000 points for the first time in HISTORY under President Trump!
— Eric Daugherty (@EricLDaugh) February 6, 2026
"This is an ALL-TIME HIGH! On track for the 5th record close of 2026!" 🔥
Trump and Scott Bessent know what they're doing. THE BOOM IS HERE. pic.twitter.com/aX97kwfzW7
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Of course, many Americans are not in the stock market and won’t see immediate benefits from this milestone. That being said, when the markets are doing well, it often signals that the overall economy is thriving, and that’s a good thing for everyone.
It certainly quiets the “panicans” who have been predicting economic doom since the moment Donald Trump was sworn into his second term in office:
SORRY, PANICANS: The Dow Jones Industrial Average just surpassed 50,000 for the first time in history 📈📈📈 pic.twitter.com/p8t4ltfj1B
— Rapid Response 47 (@RapidResponse47) February 6, 2026
BREAKING: The Dow extends gains to over +1,000 points on the day.
— The Kobeissi Letter (@KobeissiLetter) February 6, 2026
Dow 50K has returned. pic.twitter.com/cmPOv1TlTu
Other indexes saw major gains as well:
The Dow Jones Industrial Average (^DJI) led the way higher, surging by about 2.2%, or more than 1,000 points, to climb ahead of the 50,000 level for the first time. The S&P 500 (^GSPC) rose 1.7%, while the Nasdaq Composite (^IXIC) added about 2%, as the indexes bounced back from Thursday's sharp closing losses and a week's worth of selling pressure.
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The Trump administration has tamed the soaring inflation that Joe Biden brought us — which topped out at a ridiculous 9.1 percent — and Fed Chair Jerome Powell has been obstinate in refusing to further lower interest rates. There's no denying that we all still feel it in our wallets when we go to the grocery store or try to get a loan.
Yet you can feel it in the air: it’s a whole different world than we suffered under during four long years of the Biden administration. The Dow is just one indicator, but it’s a key one (see: 1929).
Survey says: we’re winning.
Editor’s Note: Thanks to President Trump’s leadership and bold policies, America’s economy is back on track.
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