White House trade advisor Peter Navarro on Tuesday predicted the Dow Jones Industrial Average will hit “at least” 32,000 in 2020. That would be 12.4% higher than Monday’s close. “I’m looking forward to a great 2020,” Navarro told CNBC’s “Squawk Box.” “Forecast wise, I’m seeing closer to 3% real GDP growth than 2%. I’m seeing
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Peter Navarro, director of the National Trade Council, speaks during a Bloomberg Television interview outside the White House in Washington, D.C., U.S., on Wednesday, March 28, 2018. Andrew Harrer | Bloomberg | Getty Images White House advisor Peter Navarro on Tuesday said the “Phase One” trade deal between the U.S. and China is a certainty
Swedish climate activist Greta Thunberg at COP 24, the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change. Katowice, Poland on 5 December, 2018. Photo by Beata Zawrzel/NurPhoto via Getty Images Investing for climate change had been a niche on Wall Street, often generating sub-par returns, but in the coming
Just months after almost everyone on Wall Street worried that a recession was just around the corner, Goldman Sachs said a downturn is unlikely over the next several years. In fact, the firm’s economists stopped just short of saying that the U.S. economy is recession-proof. Investors could be excused for getting a little nervous over
Stocks are acting like it’s only the second year of a bull market, strategist Jim Paulsen told CNBC on Monday. In an interview on “The Exchange,” Paulsen said he wasn’t arguing that the market is in a “fresh” bull phase, but only that “the market move this year is very comparable” to the first year