And he is taking credit for boosting the economy and for increased christmas spending.
Good grief, the commander in thief...
It's a reflection of people's confidence in the incoming administration. Surely we all agree that under the previous (and current) administration, it's been horrendously poor growth on a global scale. Still though, I'll concede to the potentially fallacy in logic; post hoc ergo proctor hoc.
Let's apply Occam's Razor and ask the question; What is the most likely reason for the upturn in the economy?
Malum quidem nullum esse sine aliquo bono - Pliny The Elder
Actually, it's a reflection of people's (or perhaps corporations') confidence in making money under the incoming administration. Deregulation is good for making money, and *both* the Republican Party and Trump are pro-deregulation. quod erat demonstrandum
Whether this will be a good thing remains to be seen... the regulations are there to rein in the robber barons and the risk takers.
Malum consilium quod mutari non potest