Thank you for pointing out my transcription error. In haste I used the close from Election Day when I meant and stated, "The day after the election, the DJIA closed at 18,332." The close on the day after the election was much higher, which only underscores my point and diminishes yours. The Dow closed at 18,589. During the overnight trading, which starts at 5:00 p.m. EST, the market was in freefall. The market was reflecting a possible HRC election. As CNN stated, " At their low point on Tuesday night, Dow futures were down more than 900 points." http://money.cnn.com/2016/11/08/investing/global-markets-stocks-trump-clinton-us-presidential-election/index.html Remember that close of 18,322 ? The market dropped 900 points from that number to the range I stated above, which was 17,450-17,500. Again, at around 9:00 p.m. EST, when election results came in for PA, then MI, then WI the freefall stopped. The market did NOT drop any further, instead, it began climbing DRAMATICALLY, more dramatically than when it fell. So, by the close of the day after the election, when the world knew that DJT's fiscal policies would be implemented instead of HRC's, the market increased by 1,150 points from the low and by the end of the week closed at 18,847. FACT, not "nonsense" RIR.
Using your peak of 26,616 and subtracting 17,450 is 9,166 points, NOT 8,284. 9,166/17,450= 52% market value gain in 14 1/2 months. Using the market close of 24,235- 17450=6,785 in market gain since election night. 6,785/17,450= 39%. There's a slight difference in my numbers here because I rounded in the above #'s. It doesn't matter what the market gave up since its high (that was a spike, not a trading range......HUGE difference), the market is still 39% ahead of where it was when it was announced that DJT was about to be elected President.
And, NO, using your close of 24,893 translates to a 42% gain to date, not 35%. 24893-17,450= 7,443. 7,443/17,450= 42%.
The point I've made is that talking heads, and you, are using ephemeral numbers, ie., market spikes (prices that trade a few minutes or hours in the extreme) to make matters appear worse than they are. They are not. This is an excellent economic recovery underway. "World markets are tanking" was because of the possibility of a HRC election, not DJT.
EDIT: When I say "ephemeral", I'm referring to the momentary pricing extremes used to demonstrate your point, not your argument. In the real world they're not realistic.