White House Trade Adviser downplays stock market fall
(a year ago)Trump's commercial adviser, Peter Navarro, has been speaking to the media today and has downplayed the decline in the stock market in recent days. “Treg will find an end. It will be soon, and from there we will have a growing boom,” he told CNN. Navarro continued to predict that “Dow will arrive [...]
Trump's commercial adviser, Peter Navarro He's been talking about the media today and has downplayed stock market declines in the past few days.
“Treg will find an end. It will be soon, and from there we will have a growing boom,” he told CNN.
Navarro continued to predict that “Dow will reach 50,000 during the mandate of Trump” and S&P 500 will have a wide-based recovery”, the BBC writes, broadcast Periscope.
Dow Jones Industrial Average closed to 38,314 on Friday afternoon, from the highest level of all time of more than 45,000 in December 2024.
“Page will increase, profits will increase and life will be beautiful here in America”, he added.
American markets closed yesterday with their worst two-day extension since 2020, when the pandemic struck. The decline came after the sweeping Trump tariffs for imports from other countries. /Periscope/