It Looks Like "Santa Is Back": Dow Jones Posts Biggest Single-Day Point Gain In Its History ⚫⚫⚫⚫⚫⚫⚫⚫⚫⚫⚫ A recession is coming, they said. For many, that’s obviously not good news. For some, like the entire Democratic Party establishment, they want one in order to hurt Trump. And then prolong the economic distress by putting on a grand show, peddling trash policies riddled with regulations and high taxes…because the limousine liberal really knows the hardships of the workingman. They don’t. And even some Republicans don’t either. I live in the swamp. It’s dirty, filthy, and filled with equally appalling company. That being said, the stock market has been on a downward spiral, but history was made once again with the markets under the Trump presidency: the Dow Jones surged 1,000 points, the largest single-day point gain in its history (via WaPo): istory (via WaPo): Stocks on Wednesday climbed back from their epic Christmas Eve plunge as all three indexes posted big gains. The Dow Jones industrial average roared more than 1,000 points in late afternoon as stocks snapped a four-day losing streak that had placed the 10-year bull market on the edge of death on Monday. “Today the market’s message is that we have nothing to fear but fear itself,” said Ed Yardeni, president of Yardeni Research. “The recent selloff reflected fears of an impending recession which were blown away today by Amazon and other retailers reporting a record holiday selling season. Santa is back.” White House economic adviser Kevin Hassett tried to bring some calm to the markets earlier Wednesday when he assured reporters that Federal Reserve Chairman Jerome H. Powell’s job is “100 percent safe.” “Yes, of course, 100 percent,” said Hassett, the chairman of the president’s Council of Economic Advisers, when asked by reporters at the White House if Powell’s job is safe. “Absolutely.” All three major indexes were on pace to snap a four-day losing streak. The S&P 500 and technology-heavy Nasdaq Composite also bounced. The Nasdaq was up 4 percent and on track to wipe out Monday’s losses. The S&P posted a 2.9 percent pop in afternoon trading. Crude oil prices surged, posting their biggest increase in two years after a 30-percent plus drop since October. ⚫⚫⚫⚫⚫⚫⚫⚫⚫⚫⚫ ( Full story below )  ⤵ ⚫⚫⚫⚫⚫⚫⚫⚫⚫⚫⚫ https://townhall.com/tipsheet/mattvespa/2018/12/26/santa-is-back-dow-jones-posts-1000point-gain-n2538082/ ⚫⚫⚫⚫⚫⚫⚫⚫⚫⚫⚫