Trump Forecasts Dow Reaching 100K by Term’s End, Attributes ‘Record Stock Market’ to ‘Great Tariffs’
Former federal prosecutor Andrew Cherkasky breaks down the delay in the Supreme Court ruling on President Donald Trump’s tariffs as well as the upcoming birthright citizenship case on ‘Varney & Co.’
On Sunday, President Donald Trump made a bold prediction, stating that the Dow Jones Industrial Average could reach an astonishing 100,000 by the time he exits the White House in January 2029.
This prediction follows a significant milestone, as the Dow closed above 50,000 for the first time on Friday.
In a post on Truth Social, Trump remarked, “Record Stock Market, and National Security, driven by our Great TARIFFS. I am predicting 100,000 on the DOW by the end of my Term.”
President Donald Trump said he was predicting the Dow Jones Industrial Average to reach 100,000 by the time he leaves the White House. (Photo by Andrew Harnik/Getty Images / Getty Images)
Trump further stated, “REMEMBER, TRUMP WAS RIGHT ABOUT EVERYTHING! I hope the United States Supreme Court is watching,” referencing a significant case regarding the legality of his tariff authority. The Supreme Court recently heard arguments concerning the constitutionality of the sweeping tariff powers he implemented.
Economists have noted that the costs of tariffs have largely been absorbed by American consumers and businesses, rather than foreign exporters. A study from the Kiel Institute for the World Economy revealed that approximately 96% of these costs were borne by Americans.
The Dow closed past 50,000 on Friday for the first time. (Anna Moneymaker / Getty Images / Getty Images)
Trump reiterated his earlier claims, stating that he had achieved the 50,000 milestone three years ahead of schedule. He urged supporters to remember this for the upcoming Midterms, warning that “the Democrats will CRASH the Economy!”
TARIFFS MAY HAVE COST US ECONOMY THOUSANDS OF JOBS MONTHLY, FED ANALYSIS REVEALS
The tariff costs were found to be largely absorbed by American consumers and businesses rather than by foreign exporters. (Chip Somodevilla/Getty Images / Getty Images)
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In a separate post on Sunday, Trump encouraged Americans to “Enjoy the Super Bowl!” and proclaimed, “Our Country is stronger, bigger, and better than ever before and, THE BEST IS YET TO COME!”
Former federal prosecutor Andrew Cherkasky breaks down the delay in the Supreme Court ruling on President Donald Trump’s tariffs as well as the upcoming birthright citizenship case on ‘Varney & Co.’
On Sunday, President Donald Trump made a bold prediction, stating that the Dow Jones Industrial Average could reach an astonishing 100,000 by the time he exits the White House in January 2029.
This prediction follows a significant milestone, as the Dow closed above 50,000 for the first time on Friday.
In a post on Truth Social, Trump remarked, “Record Stock Market, and National Security, driven by our Great TARIFFS. I am predicting 100,000 on the DOW by the end of my Term.”
President Donald Trump said he was predicting the Dow Jones Industrial Average to reach 100,000 by the time he leaves the White House. (Photo by Andrew Harnik/Getty Images / Getty Images)
Trump further stated, “REMEMBER, TRUMP WAS RIGHT ABOUT EVERYTHING! I hope the United States Supreme Court is watching,” referencing a significant case regarding the legality of his tariff authority. The Supreme Court recently heard arguments concerning the constitutionality of the sweeping tariff powers he implemented.
Economists have noted that the costs of tariffs have largely been absorbed by American consumers and businesses, rather than foreign exporters. A study from the Kiel Institute for the World Economy revealed that approximately 96% of these costs were borne by Americans.
The Dow closed past 50,000 on Friday for the first time. (Anna Moneymaker / Getty Images / Getty Images)
Trump reiterated his earlier claims, stating that he had achieved the 50,000 milestone three years ahead of schedule. He urged supporters to remember this for the upcoming Midterms, warning that “the Democrats will CRASH the Economy!”
TARIFFS MAY HAVE COST US ECONOMY THOUSANDS OF JOBS MONTHLY, FED ANALYSIS REVEALS
The tariff costs were found to be largely absorbed by American consumers and businesses rather than by foreign exporters. (Chip Somodevilla/Getty Images / Getty Images)
GET FOX BUSINESS ON THE GO BY CLICKING HERE
In a separate post on Sunday, Trump encouraged Americans to “Enjoy the Super Bowl!” and proclaimed, “Our Country is stronger, bigger, and better than ever before and, THE BEST IS YET TO COME!”
