Another Dem Election Year Dream Dies as Stock Market Indexes Hit Record Highs

The Democrats were rather obvious throughout all of 2019 about their election year wish list: they were fervently hoping for a recession and assuming that impeachment would upset President Trump's reelection apple cart.

By the end of the year, even the mainstream media had stopped cheerleading for a recession. Their hopes were pinned on the economy being no more than tepid heading into the election. It could happen, but Friday's stock market performance finished up the first full work week of the new year by dashing their hopes.

Disrn:

All three major U.S. stock indexes rose to record highs on Friday despite a volatile week full of significant geopolitical concerns.

  • The Dow Jones Industrial Average traded 48 points higher, or 0.2% to break above 29,000 for the first time ever.
  • The S&P 500 climbed 0.2% to touch 3,282.99 — an all-time record.
  • The Nasdaq Composite advanced 0.3% to 9,234.63 — an all-time record.

If the theory that Americans vote with our wallets is true, this news most likely had DNC headquarters reeking of flop sweat before happy hour on Friday.

With the economy not offering the Democrats any solace, the news that Nancy Pelosi blinked during her impeachment stare-down with Mitch McConnell must have been doubly painful for them.

Actually, there was a trifecta of bad news for them this week:

The theme here is that everything that's bad for the Democrats is good for America. There was a time when that wasn't always the case. That time, sadly, is dead and having extra nails hammered into its coffin by the socialists who have taken over the Democratic party.

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PJ Media Associate Editor Stephen Kruiser is the author ofDon’t Let the Hippies ShowerandStraight Outta Feelings: Political Zen in the Age of Outrage,” both of which address serious subjects in a humorous way. Monday through Friday he edits PJ Media’s “Morning Briefing.”