The Dow will hit 32,000 in 2020, White House trade advisor Peter Navarro predicted. “It’s going to be the roaring 2020s next year,” he said yesterday.
The "phase one" trade deal between the U.S. and China is a certainty at this point, Navarro said, adding the accord isHe also alluded to potential trade priorities for the Trump administration in 2020, including a new deal with a post-Brexit United Kingdom and other countries.
"Next year, 2020, we're going to try to get something going with Great Britain, Vietnam, Europe and anybody else who wants to fairly trade with the United States of America," Navarro said.On "Squawk Box" the morning after Trump was elected in November 2016, Navarro said it was "a very bullish thing for the markets" and predicted Dow 25,000 during the Trump presidency, a 38% increase from then-current levels around 18,000.
With one day left in 2019, the Dow was up 22% for this year alone. The S&P 500 broader market measure is tracking for its best year since 2013, with a 28.5% advance for 2019 as of Monday's close. Looking at the S&P 500's performance during recent administrations' first three years since Election Day, Trump leads the way with gains of more than 50%. George H.W. Bush saw a nearly 48% increase,
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
These are the TV shows we’ll all be watching in 2020From adaptations of hit novels to Billie Piper as you’ve never seen her before
Weiterlesen »
8 Thought Provoking Questions To Get You Started On Your Last Minute 2020 ResolutionsEveryone is texting about the 10 year challenge and my mind was suddenly blank when it came to New Year’s Resolutions for 202o and the decade ahead. These 8 thought provoking questions jump started my 2020 resolutions.
Weiterlesen »
The 2020 Parenting Trends That Will Define the YearIn 2020, parents' quest to prioritize self care while also finding convenient ways to offer their kids nutritious food options, emotional support,
Weiterlesen »
The buildings set to shape the world in 2020From museums and skyscrapers to a hotel with a hole in it, these are CNN Style's most anticipated buildings opening or completing in 2020.
Weiterlesen »
It's Capricorn Season: See Your January 2020 Shoppable Horoscope!Dare to be your unique self and let others do the same, notes spiritual advisor Lisa Greenfield. Beautiful things can come together in unexpected ways when you do.
Weiterlesen »