Two American companies have broken through barriers nobody ever thought possible.
On Tuesday, Amazon followed Apple to the $1 trillion club.
Trump’s Economic Boom
To think Amazon was once a garage business is amazing.
Yet, that is exactly how Jeff Bezos got his start got his start less than 25 years ago.
Today, that garage business is arguably the biggest retail outlet in the world.
How did Amazon, along with Apple, get there?
While both of these companies were obviously successful before Trump took office, it is unlikely either saw this coming.
Trump winning the election changed everything for them.
Not only did Trump create a tax break that helped companies, but it also put more money in the pockets of everyday Americans.
That, of course, means people had more money to spend at retailers like Amazon and Apple.
While liberals will probably argue otherwise, the numbers prove this to be the case.
At the end of 2016, right before Trump took office, Amazon’s stock was valued at $749.87.
By the end of 2017, that same stock was valued at $1169.47.
Today, Amazon’s shares are valued at over $2,000 per share!
That is more than a 70 percent increase this year alone based on the final pricing of 2017.
More importantly, the company has more than doubled in worth since Trump took office.
Ironically, Bezos is very vocal in his opposition to Trump, yet it is the booming Trump economy that has made him one of the wealthiest people in the world.