Alibaba Stock Price Prediction 2018

5% above the current share price. Find market predictions, BABA financials and market news. The high price target for BABA is $280. Alibaba Group Holding Limited - BABA - Stock Price Today - Zacks BABA is. com, Stifel Nicolaus raised its price target on the stock to $180 from $165. On average, they expect Alibaba Group's stock price to reach $223. Each share represents one underlying Hong Kong-listed share. DOW JONES, A NEWS CORP COMPANY News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. alibabagroup. The FDDC 2018 is the world's first investment-oriented tech competition. Split history database is not guaranteed to be complete or free of errors. Prediction No. I personally bought the Nanos and gave them away in stages. Alibaba's new retail is not the only concept pushing Chinese retail into the future. History prior to November 1998 refers to the Norwest Corporation. We will provide financial data, construct real-world business scenarios, and offer guidance from world-class investment and A. I will go through the 3 main. The forecast for beginning of October 175 Dollars. TRON price prediction for January 2020 The TRON price is forecasted to reach $0. ADR Stock - BABA news, historical stock charts, analyst ratings, financials, and today's Alibaba Group Holding Ltd. TRON Coin Price Prediction. Get Bosch Ltd. It has so many moving parts and business lines that putting a price on the stock is difficult. Our software analyzes and predicts stock price fluctuations, turning points, and movement directions with uncanny accuracy. At the time of publication: Baidu shares were rallying 3. TradingView is a social network for traders and investors on Stock, Futures and Forex markets!. Canadian licensed cannabis producers are expected to have sold approximately $1. With all of this in mind, "Stock #7" should have no trouble paying its dividend for years to come, boding especially well for investors living off dividends in retirement. Start a 14-day free trial to Morningstar Premium to unlock our take on BABA. On a purchase of 100 shares at $16. We are impressed by Alibaba Cloud's scalable and flexible technology and its strong ecosystem that enables us to rapidly deliver customized digital solutions for our Chinese customers. Prediction No. Aug 15, 2018 · Ray Wang, principal analyst at Constellation Research, predicted that the Baidu, Alibaba and Tencent — the so-called BAT stocks — will go up by between 15 and 20 percent by the end of the year. By aggregating the opinions and predictions of our best trading systems (trading bots), we come up with a general prediction. 5% per year). 9 billion U. Tesla's Stock Price Could Nearly Double In 2018 - 10 Predictions. Historical prices (Yen) The information appearing on this page is for informational purposes only, and. com stock forecast is 3003. Instead, make a firm plan and stick to it. TRON Coin Price Prediction. DCT closed at $58. Alibaba Group Holding Ltd. Amazon stock price forecast for October 2020. Daily, Weekly & Monthly Forecasts are based on an innovative structural harmonic wave analysis stock price time series. The Fund seeks to track the combined investment return of the Alibaba Shares and the Yahoo Japan Shares it owns. Each oral presentation is 17+3 minutes. Alibaba Group Holding Limited - BABA - Stock Price Today - Zacks BABA is. 24 Wall Street analysts have issued ratings and price targets for Alibaba Group in the last 12 months. Stock Price Watch List And Daily Market News. "Alibaba had another excellent quarter, with significant user expansion and even more robust engagement across our growing ecosystem. Sign up on Binance today! Bittrex is no lo. Securities products and services offered to self-directed investors through ST Invest, LLC. TRON price prediction for December 2019 The TRON price is forecasted to reach $0. But despite the run-up, Alibaba still has plenty more. Alibaba should remain under pressure and see more downside when the cycle or structure which started at 10. " That's it. I favor a number of other industry groups in most sectors and I'll discuss many of them when I join John Hopkins of EarningsBeats. Indeed, some investors in Alibaba (NYSE:BABA) stock have lost capital by selling their shares whenever the tariff-war tension ramps. Alibaba Group Holding Limited is a holding company. TCEHY is an American Depositary Receipt (ADR). The author of this code is edwardhdlu. 85 buy point. The stock analysis for Ford Motor Company (F) is based on the analysis and stock picks of our best trading systems. Apple Stock Price Forecast 2019, 2020,2021. Since that time, we have had 11 two-for-one (2:1) stock splits. 7 billion yuan, according to Thomson Reuters I/B/E/S. Investing in securities products involves risk, including possible loss of principal. 84 million shares, the heaviest since June 9, 2017. Owing to the momentum in business, we have upped the Trefis price estimate for Alibaba to $200 per share. Consensus Earnings Forecast. The latest Alibaba Holding share price and information. The stock analysis for Kroger Company (The) (KR) is based on the analysis and stock picks of our best trading systems. Facebook Stock Price Forecast 2019, 2020,2021. View the latest AMZN stock quote and chart on MSN Money. While the first two predictions proved to be correct, the. 2 billion since Elon Musk’s ‘going-private’ tweet MarketWatch. You can watch Alibaba stock price history for last 23 days that includes Opening prices, High prices, Low prices for the day. We will provide financial data, construct real-world business scenarios, and offer guidance from world-class investment and A. for Alibaba to gauge how it will impact. Tesla stock price has risen tremendously over the past 52-weeks, up nearly 62 percent, as investors have turned their attention to the Model 3, and the company's future. Alibaba is the Chinese equivalent of Amazon -- except it's growing faster and trading cheaper. 85 buy point. The Hong Kong listed share trades on the Hong Kong Stock Exchange under the number 700. Dividends per share have been restated for the corporation's two-for-one stock splits, effected in the form of a 100% stock dividend, distributed on August 11, 2006 and on October 10, 1997. Alibaba (BABA) finished the March quarter with 654 million active shoppers across its retail marketplaces in China, up from 552 million shoppers in the March quarter of 2018. 0% in the upcoming year compared with the past 5-year average growth rate of 17%. However, Left said in a research report that Alibaba’s stock price was on its way to US$250 as it was trading at a 40 per cent discount to Amazon even though the former’s business model is more asset light and empowers small businesses. Widely known as the "Amazon of China," Alibaba draws intense interest from investors. View the latest BABA stock quote and chart on MSN Money. Given that the company's shareholder structure is dominated by finance investors, "we see the potential that these investors could sell if the offered price is right," wrote Bosse, who has a buy recommendation on the stock. When we talk about locking a price in, we are referring to an advantage General Steel offers to potential buyers. Looking back at the price dip in early December, I can exhale. com Inc stock quotes, company profile, news and forecasts from CNN Business. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. pointed to another reason why constant phone checks are futile. TRON Coin Price Prediction. After Alibaba Group Holding Limited's recent earnings announcement in March 2019, analyst forecasts appear to be pessimistic, with earnings expected to decline by 7. 13 , which is 6. Prediction No. on consensus analysts' estimates for 2018 earnings. Dive deeper with interactive charts and top stories of AMAZON. ADR analyst estimates by MarketWatch. Snowflake Raw Data Help. Disclaimer: I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. For calendar year 2018, Alibaba is expected to deliver EBITDA growth of over 40% in core commerce whereas the stock is trading at a multiple of only 25x next year's core commerce earnings. Similarly, in October, analysts at Daiwa also rated Alibaba as a "buy" but adjusted the target. The Bottom Line with a price target of $122. Based on our forecasts, a long-term increase is expected, the "BABA" stock price prognosis for 2023-08-16 is 364. for Alibaba to gauge how it will impact. Jack Ma has done amazing job growing alibaba over the years and has instilled an amazing culture there. BEIJING—Chinese e-commerce giant Alibaba Group Holding Ltd. 1% year to date, but that's just the start for BABA shares. Nike stock price target raised to $98 from $70 at BofA Merrill Lynch Alibaba Stock May Be Stuck in a Political Bear Trap Longer Than We Think Used Car Market 2019 Insights and Forecast. With all of this in mind, "Stock #7" should have no trouble paying its dividend for years to come, boding especially well for investors living off dividends in retirement. The stock analysis for Kroger Company (The) (KR) is based on the analysis and stock picks of our best trading systems. Stephen Guilfoyle. Dive deeper with interactive charts and top stories of Alibaba Group Holding Limited. ZTO went public on the NYSE in 2016. 50 per share on our first offering, the number of shares has grown as follows:. Alibaba is not a retailer in the traditional sense. SCMP - Sentifi - Top themes and market attention on. With a 5-year investment, the revenue is expected to be around +108. See MU stock predictions by 64 financial experts and find out if their Micron stock forecast (MU) is more bullish in comparison to other stocks in the Consumer Goods sector. It peaked at about $61 early this year. At the end of June, we wrote that Alibaba could be worth $210 a share. Find the latest quarterly and yearly earnings forecasts for Alibaba Group Holding Limited (BABA) at NASDAQ. The stock analysis for Kroger Company (The) (KR) is based on the analysis and stock picks of our best trading systems. BABA - Alibaba Group Holding Ltd Stock quote - CNNMoney. Unfortunately, you had to be friends, family, or some other insider to get any shares before that date. Ethlend Wallet Investor Prediction 2019-10-12 03:53:17pm (All day) Jan 10, 2018 · Jack Tatar, co-author of "Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond,". cryptosomniac. com stock was advancing 0. I personally bought the Nanos and gave them away in stages. 1 billion yuan ($7. com Alibaba Group Holding Limited (BABA) Forecast Chart, Long-Term Predictions for Next Months and Year: 2019, 2020. Maximum value 1757, while minimum 1559. Investing in securities products involves risk, including possible loss of principal. 22 , which is 90. Alibaba Group Holding Ltd. Back in 2014, Alibaba had listed in the New York Stock Exchange and had commanded a $25 billion valuation. The article was written by Motek Moyen Research Seeking Alpha's #1 Writer on Long Ideas and #2 in Technology - Senior Analyst at I Know First. 45 on Thursday in New York,. China's Alibaba Group Holding Ltd lowered its full-year sales forecast on Friday due to concerns about the economic impact of a U. Explore commentary on Yelp Inc. The FDDC 2018 is the world's first investment-oriented tech competition. 0212895 by the beginning of December 2019. Alibaba Postpones Hong Kong Listing as Protests Roil Markets The Chinese e-commerce giant delayed plans to sell potentially billions of dollars worth of shares in the market, which has fallen as. Your current $100 investment may be up to $208. Consensus Earnings Forecast. (NYSE:YELP). Microsoft Corporation's (NASDAQ:MSFT) shares jumped after the company reported an impressive fourth quarter. and hear what the experts at TheStreet are saying about YELP. 5 Big Snapchat Predictions for 2018. Find real-time BABA - Alibaba Group Holding Ltd stock quotes, company profile, news and forecasts from CNN Business. com use cookies on this site. Alibaba Group Holding Ltd. After all, it's the biggest IPO ever in history… well at least at the point of this writing. The Price Action. On average, they expect Alibaba Group's stock price to reach $223. ADR Basic Chart, Quote and financial news from the leading provider and award-winning BigCharts. Amazon com (AMZN) stock price, charts, trades & the US's most popular discussion forums. com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. The Fund seeks to track the combined investment return of the Alibaba Shares and the Yahoo Japan Shares it owns. Apple Stock Price Forecast 2019, 2020,2021. TradingView is a social network for traders and investors on Stock, Futures and Forex markets!. EPS forecast (this quarter) $10. DOW JONES, A NEWS CORP COMPANY News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. It has a market cap of $1. 66% in the last trading day ( Friday, 11th Oct 2019 ), rising from $230. 21 , and has now gained 4 days in a row. Tesla's Stock Price Could Nearly Double In 2018 - 10 Predictions. One of the world's leading tech companies. The share price is now hovering above the support line established a year ago. 071 USD for 2020 October 08, Thursday; and 10575. May 29, 2018 · Alibaba is doubling down on logistics after it led a $1. quarter of 2017 by the end of fiscal 2018. com use cookies on this site. Press a green arrow for "up" or a red one for "down. com Alibaba Group Holding Limited (BABA) Forecast Chart, Long-Term Predictions for Next Months and Year: 2019, 2020. One of the world's leading tech companies. Alibaba's stock has gone up about 122% in the past two years, including a 63% climb in just the past year to a still relatively cheap $196. Two Smart Money Stocks to Buy for 2018: Micron Technology, Inc. October 13, 2019 - If you're thinking about buying Alibaba stock, let our team of expert investors share the latest news and stock prices to help you make the right decision. However, Left said in a research report that Alibaba’s stock price was on its way to US$250 as it was trading at a 40 per cent discount to Amazon even though the former’s business model is more asset light and empowers small businesses. The volatility of a stock over a given time period. I personally bought the Nanos and gave them away in stages. Read This Story: Our Walmart Stock Prediction In 2019 (Buy or Sell?) Will Alibaba's Stock Go Up In 2019 (Should You Buy)? The following chart, compiled with data from research group Statista, shows the annual revenue of Alibaba Group from 2010 to 2018. See Alibaba Group Holding Limited (BABA) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. com provides the most mathematically advanced prediction tools. Alibaba Group Holding Limited Stock Price Forecast, "BABA" Predictons for2019. 230 USD at 2018-08-25. In 2019, Alibaba's annual revenues amnounted to 377 billion yuan, this translates to approximately 55 billion U. com (AMZN) stock price prediction is 3003. May 29, 2018 · Alibaba is doubling down on logistics after it led a $1. Alibaba earned 24. Amazon com (AMZN) stock price, charts, trades & the US's most popular discussion forums. 230 USD at 2018-08-25. Read This Story: Our Walmart Stock Prediction In 2019 (Buy or Sell?) Will Alibaba's Stock Go Up In 2019 (Should You Buy)? The following chart, compiled with data from research group Statista, shows the annual revenue of Alibaba Group from 2010 to 2018. AAPL Forecast and Technical Stock Analysis Buy candidate since 2019-10-03 Gain 6. The stock is Chipotle Mexican Grill. 1 billion yuan ($7. 21 , and has now gained 4 days in a row. Alibaba Reports Sustained Revenue Growth Across Segments; Robust Outlook For 2018 with Alibaba's stock price surging over 15% in the last month. Alibaba Group Holding Limited quote is equal to 174. Reilly Financial Advisors LLC boosted its stake in shares of Alibaba Group Holding Ltd (NYSE:BABA) by 1. The volatility of a stock over a given time period. -China trade spat, which the company expects will dent revenue. 's price is over 23% off its 2018 highs, and options traders are betting shares fall as much as 8% more by the start of the new year. 9 billion U. Explore commentary on Yelp Inc. Alibaba Group Holdings Ltd's shares have taken a hit recently on delisting fears in the US. Alibaba Group stock research in summary. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. 14 percent to $192. Our software analyzes and predicts stock price fluctuations, turning points, and movement directions with uncanny accuracy. -China trade spat, which the company expects will dent revenue. With 889 million monthly active users on WeChat and over 55% of mobile consumption time in China spent on its products, Tencent has the advantage in terms of its mobile user database. View the latest AMZN stock quote and chart on MSN Money. for Alibaba to gauge how it will impact the company's forecast. Given that the company's shareholder structure is dominated by finance investors, "we see the potential that these investors could sell if the offered price is right," wrote Bosse, who has a buy recommendation on the stock. On top of the potential Chinese listing, analysts are fueling the growth curve with revenue growth predictions for 2018 going up to 70 percent. I will go through the 3 main. Earnings vs Market: BABA's earnings (24. 43 percent to $260. 31 on the stock market today, dropping below a 191. NVDA Stock Predictions: Nvidia Should Also Take Lead In Mobile-Centric Artificial Intelligence - Stock Forecast Based On a Predictive Algorithm | I Know First |. 1 billion yuan ($7. 66% in the last trading day ( Friday, 11th Oct 2019 ), rising from $230. The way to bet on my prediction for interest rates going down is to buy the iShares 7-10 Year ETF. 24 Wall Street analysts have issued ratings and price targets for Alibaba Group in the last 12 months. China's Alibaba Group Holding Ltd lowered its full-year sales forecast on Friday due to concerns about the economic impact of a U. with Historic price charts for NSE / BSE. China's Alibaba Group Holding Ltd lowered its full-year sales forecast on Friday due to concerns about the economic impact of a U. 94 , and has now gained 4 days in a row. 0267658, minimum price $0. How To Buy Alibaba Stock And Get The IPO Price The Alibaba IPO took place on 9/19/2014 and that was the date regular investors were able to buy the stock for the first time. Each oral presentation is 17+3 minutes. Get the latest Alibaba stock price here. The Alibaba 52-week high stock price is 184. (the Fund), formerly Yahoo! Inc. Baba Vanga's 2018 'Predictions': Why We Love Prophecies and Doomsday Stories. com stock forecast is 3003. They show above average growth and are safely financed, but are poor value. By Cate Cadell (Reuters) - China's Alibaba Group Holding Ltd lowered its full-year sales forecast on Friday due to concerns about the economic impact of a U. Instead, make a firm plan and stick to it. The article was written by Motek Moyen Research Seeking Alpha's #1 Writer on Long Ideas and #2 in Technology - Senior Analyst at I Know First. Tesla's Stock Price Could Nearly Double In 2018 - 10 Predictions. In the company’s fiscal year ending March 31, 2018, Alibaba recorded consolidated revenues of 250. Amazon com (AMZN) stock price, charts, trades & the US's most popular discussion forums. I'll reiterate my sentiments here: The blockchain to dominate marketshare for Turing complete supercomputer, such as ETH, will be one with the strongest network e. Find out more today. Find market predictions, BABA financials and market news. The volatility of a stock over a given time period. However, just four months later those shares were down by almost a third. View the latest AMZN stock quote and chart on MSN Money. 2, 2018; The country's stock markets have tumbled, and its currency has slid. com stock forecast is 3003. 07 trillion and a price multiple of 28. 9 billion U. com Alibaba Group Holding Limited (BABA) Forecast Chart, Long-Term Predictions for Next Months and Year: 2019, 2020. 51 on September 20, 2019. Alibaba's stock has gone up about 122% in the past two years, including a 63% climb in just the past year to a still relatively cheap $196. BABA - Alibaba Group Holding Ltd. Dive deeper with interactive charts and top stories of Alibaba Group Holding Limited. Bullish prediction comes ahead of Alibaba's PUBLISHED : Friday, 04 May, 2018, 6:08pm Left said in a research report that Alibaba's stock price was on its way to US$250 as it was. ADR Stock - BABA news, historical stock charts, analyst ratings, financials, and today's Alibaba Group Holding Ltd. With both Tencent and Alibaba market caps at all-time highs, we expect this trend to continue throughout 2018 with both sides gobbling up more local companies across the e-commerce ecosystem. Investing in securities products involves risk, including possible loss of principal. Member FINRA / SIPC. Price at the end 184, change for October 5. View live Alibaba Group Holdings Ltd. DCT closed at $58. The big day has arrived, and the Chinese company that 88 percent of Americans have never heard of is making history on the New York Stock Exchange. ADR (BABA) was reviewed back in November, when I wrote, "Continue to hold longs and keep that stop-loss order at a close below $169. Latest stock price today and the US's most active stock market forums. Free forex prices, toplists, indices and lots more. Sales are forecast by analysts to rise 31% in 2018. BigCharts is the world's leading and most advanced investment charting and research site. The massive sell-off wasn’t exclusive to Alibaba. stock or options on Apple, Alibaba. Amazon stock forecast for November. 5 Alibaba Stock Analysis - is this the right price to invest? Alibaba Stock Analysis (BABA) I just have to have a Alibaba Stock Analysis out. Price at the end 1658, change for October -5. The stock is Chipotle Mexican Grill. On a purchase of 100 shares at $16. 68: Annual revenue (last year) $56. Alibaba's new retail is not the only concept pushing Chinese retail into the future. Securities products and services offered to self-directed investors through ST Invest, LLC. Historical prices (Yen) The information appearing on this page is for informational purposes only, and. Presently, with latest-twelve-month earnings at CN¥88b, we should see this fall to CN¥81b by 2020. Chinese imports grew by 8. Dive deeper with interactive charts and top stories of Alibaba Group Holding Limited. Additionally, import growth from China actually accelerated in 2018. A year later we can already see first winners of that war (Microsoft and Amazon). Locking a price in at the current low steel prices is a great way to capitalize on the market and maximize the value of your steel building. In my opinion, that would likely lead to significant outperformance in 2018. Alibaba Stock Price Today. At the end of June, we wrote that Alibaba could be worth $210 a share. Stock-Forecasting. com for a 90 minute "2018 Stock Market Forecast" webinar on Monday, January 8th at 4:30pm. Securities products and services offered to self-directed investors through ST Invest, LLC. AAPL Forecast and Technical Stock Analysis Buy candidate since 2019-10-03 Gain 6. So, enjoy these stock market predictions for 2018, but take them with a grain of salt. The Alibaba 52-week low stock price is 16. 230 USD at 2018-08-25. Free forex prices, toplists, indices and lots more. I will go through the 3 main. But venture capitalists have their finger on the pulse better than most, so we reached out to a handful of Seattle-area investors to get some predictions for 2018. After correctly predicting the $10,000 milestone, hedge fund manager Michael Novogratz threw out another prediction: that Bitcoin price could go four times by the end of 2018 and cross $40,000. 14 percent to $192. The TRON price prediction for the end of the month is $0. Up Next: No Prediction Will Be as Bad as These Wall Street Fails. Learn about BABA with our data and independent analysis including price, star rating, valuation, dividends, and financials. While the first two predictions proved to be correct, the. The average Alibaba stock price for the last 52 weeks is 52. Facebook Stock Price Forecast 2019, 2020,2021. Find the latest quarterly and yearly earnings forecasts for Alibaba Group Holding Limited (BABA) at NASDAQ. Press a green arrow for "up" or a red one for "down. Stephen Guilfoyle. PredictWallStreet is the leading stock market prediction community. The stock analysis for Ford Motor Company (F) is based on the analysis and stock picks of our best trading systems. The high price target for BABA is $280. 14 percent to $192. Facebook (FB) stock price, charts, trades & the US's most popular discussion forums. ADR (BABA) was reviewed back in November, when I wrote, "Continue to hold longs and keep that stop-loss order at a close below $169. Maximum value 195, while minimum 173. for Alibaba to gauge how it will impact the company's forecast. See Alibaba Group Holding Limited (BABA) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. "We expect revenue growth for fiscal year 2019 to be over 60% year over year," the company said in its. com, Stifel Nicolaus raised its price target on the stock to $180 from $165. All content on FT. The forecast for beginning of October 1745. Dividends per share have been restated for the corporation's two-for-one stock splits, effected in the form of a 100% stock dividend, distributed on August 11, 2006 and on October 10, 1997. -China trade spat, which the company expects will dent revenue ahead of its top sale season. How To Buy Alibaba Stock And Get The IPO Price The Alibaba IPO took place on 9/19/2014 and that was the date regular investors were able to buy the stock for the first time. Averaged Amazon stock price for month 1680. Investing in securities products involves risk, including possible loss of principal. SCMP - Sentifi - Top themes and market attention on. Alibaba stock, which trades in the United States, has lost around 30 percent of its value since June. (NYSE:YELP). Stock Price Watch List And Daily Market News. While e-commerce may be the company's primary business, Alibaba has now morphed into one of the biggest investors in technology in China and are planning to invest aggressively in the industry in the years to come. 3 billion yuan, translating to 39. News for Alibaba Group Holding Ltd. Alibaba Postpones Hong Kong Listing as Protests Roil Markets The Chinese e-commerce giant delayed plans to sell potentially billions of dollars worth of shares in the market, which has fallen as. Ethlend Wallet Investor Prediction 2019-10-12 03:53:17pm (All day) Jan 10, 2018 · Jack Tatar, co-author of "Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond,". In fact, our newest Alibaba stock price prediction shows shares quadrupling from here. "Alibaba had another excellent quarter, with significant user expansion and even more robust engagement across our growing ecosystem. The fact-checkers, whose work is more and more important for those who prefer facts over lies, police the line between fact and falsehood on a day-to-day basis, and do a great job. Today, my small contribution is to pass along a very good overview that reflects on one of Trump’s favorite overarching falsehoods. Namely: Trump describes an America in which everything was going down the tubes under  Obama, which is why we needed Trump to make America great again. And he claims that this project has come to fruition, with America setting records for prosperity under his leadership and guidance. “Obama bad; Trump good” is pretty much his analysis in all areas and measurement of U.S. activity, especially economically. Even if this were true, it would reflect poorly on Trump’s character, but it has the added problem of being false, a big lie made up of many small ones. Personally, I don’t assume that all economic measurements directly reflect the leadership of whoever occupies the Oval Office, nor am I smart enough to figure out what causes what in the economy. But the idea that presidents get the credit or the blame for the economy during their tenure is a political fact of life. Trump, in his adorable, immodest mendacity, not only claims credit for everything good that happens in the economy, but tells people, literally and specifically, that they have to vote for him even if they hate him, because without his guidance, their 401(k) accounts “will go down the tubes.” That would be offensive even if it were true, but it is utterly false. The stock market has been on a 10-year run of steady gains that began in 2009, the year Barack Obama was inaugurated. But why would anyone care about that? It’s only an unarguable, stubborn fact. Still, speaking of facts, there are so many measurements and indicators of how the economy is doing, that those not committed to an honest investigation can find evidence for whatever they want to believe. Trump and his most committed followers want to believe that everything was terrible under Barack Obama and great under Trump. That’s baloney. Anyone who believes that believes something false. And a series of charts and graphs published Monday in the Washington Post and explained by Economics Correspondent Heather Long provides the data that tells the tale. The details are complicated. Click through to the link above and you’ll learn much. But the overview is pretty simply this: The U.S. economy had a major meltdown in the last year of the George W. Bush presidency. Again, I’m not smart enough to know how much of this was Bush’s “fault.” But he had been in office for six years when the trouble started. So, if it’s ever reasonable to hold a president accountable for the performance of the economy, the timeline is bad for Bush. GDP growth went negative. Job growth fell sharply and then went negative. Median household income shrank. The Dow Jones Industrial Average dropped by more than 5,000 points! U.S. manufacturing output plunged, as did average home values, as did average hourly wages, as did measures of consumer confidence and most other indicators of economic health. (Backup for that is contained in the Post piece I linked to above.) Barack Obama inherited that mess of falling numbers, which continued during his first year in office, 2009, as he put in place policies designed to turn it around. By 2010, Obama’s second year, pretty much all of the negative numbers had turned positive. By the time Obama was up for reelection in 2012, all of them were headed in the right direction, which is certainly among the reasons voters gave him a second term by a solid (not landslide) margin. Basically, all of those good numbers continued throughout the second Obama term. The U.S. GDP, probably the single best measure of how the economy is doing, grew by 2.9 percent in 2015, which was Obama’s seventh year in office and was the best GDP growth number since before the crash of the late Bush years. GDP growth slowed to 1.6 percent in 2016, which may have been among the indicators that supported Trump’s campaign-year argument that everything was going to hell and only he could fix it. During the first year of Trump, GDP growth grew to 2.4 percent, which is decent but not great and anyway, a reasonable person would acknowledge that — to the degree that economic performance is to the credit or blame of the president — the performance in the first year of a new president is a mixture of the old and new policies. In Trump’s second year, 2018, the GDP grew 2.9 percent, equaling Obama’s best year, and so far in 2019, the growth rate has fallen to 2.1 percent, a mediocre number and a decline for which Trump presumably accepts no responsibility and blames either Nancy Pelosi, Ilhan Omar or, if he can swing it, Barack Obama. I suppose it’s natural for a president to want to take credit for everything good that happens on his (or someday her) watch, but not the blame for anything bad. Trump is more blatant about this than most. If we judge by his bad but remarkably steady approval ratings (today, according to the average maintained by 538.com, it’s 41.9 approval/ 53.7 disapproval) the pretty-good economy is not winning him new supporters, nor is his constant exaggeration of his accomplishments costing him many old ones). I already offered it above, but the full Washington Post workup of these numbers, and commentary/explanation by economics correspondent Heather Long, are here. On a related matter, if you care about what used to be called fiscal conservatism, which is the belief that federal debt and deficit matter, here’s a New York Times analysis, based on Congressional Budget Office data, suggesting that the annual budget deficit (that’s the amount the government borrows every year reflecting that amount by which federal spending exceeds revenues) which fell steadily during the Obama years, from a peak of $1.4 trillion at the beginning of the Obama administration, to $585 billion in 2016 (Obama’s last year in office), will be back up to $960 billion this fiscal year, and back over $1 trillion in 2020. (Here’s the New York Times piece detailing those numbers.) Trump is currently floating various tax cuts for the rich and the poor that will presumably worsen those projections, if passed. As the Times piece reported: