Trump's 'Magic Wand': MacDonald Says Dow Up 20% Since Dire Election Day Predictions
Elizabeth MacDonald said on "Risk & Reward" that the Dow Jones Industrial Average is up 20 percent since Election Day.
Tuesday marked its 48th record close since last November.
In addition, about 863,000 jobs have been created in that time.
MacDonald looked back on several dire warnings from the media after Trump was announced the winner of the 2016 election.
"Markets around the world are in turmoil at this hour," CNN's Alisyn Camerota said on November 7.
Over on MSNBC, Ali Velshi reported on global markets "sinking" with the news of Hillary Clinton's defeat.
Many others offered a dire forecast for the American economy as it entered the Trump years.
MacDonald played a clip of President Barack Obama asking where Trump's "magic wand" was that will bring back jobs to America.
"How exactly are you going to do that?" Obama asked an audience in 2016. "He just says it... What magic wand do you have?"
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