Connect with us


Economist Stephen Moore: Dow Could Hit 30,000 Under Trump

Jacob Wohl



Spread the Truth

Today in an exclusive interview with Jacob Wohl, world-famous economist Stephen Moore laid out a very bullish case for the economy and the stock market under President Trump.

Moore said that he can foresee a future where “The Dow continues upwards to 30,000 under President Trump”, and cited the new estimates from the Atlanta Fed, which Project 3.7% YOY GDP Growth for Q3 2017.

In the wake of the high economic growth estimates by both private economists and the Federal Reserve, many experts are joining the camp that says that the market may be under-priced, when growth is factored in. Although Moore voiced disagreement with President Trump’s idea to reduce the number of new legal immigrants, citing an unlikeliness that such measures would work to increase wages, he voiced a very positive outlook on de-regulation.

Stephen Moore believes that Obama era regulations were the number one challenge for businesses, and for the economic recovery as a whole. He believes that if China can achieve GDP growth levels north of 5%, the same may be possible for the US, despite the fact that we have significantly lower access to low wage workers than China does.

Moore is currently working on a new book called “Trumponomics”, in which he plans to elaborate upon Trump’s economic plans. Moore said “While very similar to Ronald Reagan’s economic policies, Trump’s economic philosophy has several key differences”.

Moore expects that the proliferation of information technology and robotics could make for a “new golden age for American productivity”, which is an opinion that differs from the consensus.

About the Author: Jacob Wohl is the CEO and Head of Fixed Income and Interest Rates for Montgomery Assets, a proprietary trading and asset management firm based in Los Angeles, CA. Wohl is the host of the Offended America Podcast

Jacob Wohl is the CEO and Head of Fixed Income and Interest Rates for Montgomery Assets, a proprietary trading and asset management firm based in Los Angeles, CA. Jacob Wohl is the host of the Offended America Podcast


POLITICS1 week ago

EXCLUSIVE: Robert Mueller Subpoenas Trump Banking Records from Capital One

Spread the TruthSpecial Counsel Robert Mueller has subpoenaed banking records belonging to President Trump, according to sources close to the...

POLITICS2 weeks ago

North Korea Crosses Trump’s Red Line. What now?

Spread the TruthOn Wednesday North Korea test-fired an intercontinental ballistic missile capable of delivering a warhead “Anywhere in the world”,...

POLITICS2 weeks ago

Insider Exposes Obama’s Deep State Coverup of Hillary Clinton’s Corruption

Spread the TruthOn Monday evening, a former inspector general for the intelligence community revealed the details of Obama’s deep-state coverup...

POLITICS3 weeks ago

Putin Was With Her: Inside Russia’s Covert Effort to Undermine the Trump Campaign

Spread the TruthForeign interference in the 2016 Presidential election was not unique. Intelligence agencies have a long history of monitoring...

POLITICS3 weeks ago

Jim Comey Silenced Concerns About McCabe Taking Money from Clinton

Spread the TruthStunning new documents, obtained through a Freedom of Information Act (FOIA) request by Judicial Watch, reveal how James Comey...

POLITICS3 weeks ago

There’s been more than 8,800 White House Meetings this year. Just 8 pertained to Russia.

Spread the TruthThe Trump White House made the controversial decision not to publish the White House visitor logs, which are...

POLITICS3 weeks ago

Democrat Congressman Barnie Frank Ran a Gay Prostitution Ring in His Apartment

Spread the TruthIn light of the recent wave of sexual misconduct allegations against powerful actors, producers, politicians and media personalities,...

POLITICS3 weeks ago

Japan scrambles fighter jets after China flies bombers over East China Sea

Spread the TruthFrom RT Beijing dispatched intelligence-gathering aircraft as well as bombers through international airspace in the East China Sea....

POLITICS3 weeks ago

Palestinian Terrorism expected to increase following Trump Administration’s threat to shutter PLO office in DC

Spread the Truth AFP Reports Palestinians threatened Saturday to freeze their relations with the United States if they close the...

POLITICS3 weeks ago

Top US Nuke General John Hayden Says He Would Refuse to Carry Out Nuclear Strikes for Trump

Spread the TruthA top US Air Force General claims that he would refuse orders from the Commander In Chief that...

POLITICS4 weeks ago

North Korea rules out negotiations on nuclear weapons

Spread the TruthFrom Reuters North Korea on Friday ruled out negotiations with Washington as long as joint U.S-South Korea military...

POLITICS4 weeks ago

Oops! Russia’s $100K Facebook Ad-Buy was ANTI-Trump

Spread the TruthFor the first time, lawmakers have released the Facebook ads purchased by Russian entities. Unsurprisingly, the ads were...

Listen to Stitcher

Copyright © 2017 Offended America

%d bloggers like this: