| Submit your comments on this article |
| Economy |
| Art Laffer: Deal with China Could Boost Dow 10,000 Points |
| 2019-09-06 |
| [Breitbart] Economist Arthur Laffer weighed in on the trade talks between the United States and China, touting what a deal between the two could do for the market. Laffer agreed with President Donald Trump’s assertion that such a deal could boost the Dow Jones Industrial Average 10,000 points. "I think he’s right about 10,000 on the Dow," Laffer told Fox Business Network "Mornings" host Maria Bartiromo on Thursday. "I mean, that’s a pull out of a hat, but frankly, it’s a huge thing for that because it starts having a dynamic consequence with the rest of the world ‐ Japan, South Korea, Europe, everywhere in the world will start doing deals." Laffer went on to say that a deal would be like the Kennedy Round of tariff negotiations. "We need China very much, Maria," he stated. "And they need us very much. I mean, it’s a perfect match of comparative advantage between the two countries." |
| Posted by:Besoeker |
| #6 He didn't set a date, did he? |
| Posted by: European Conservative 2019-09-06 12:55 |
| #5 And stop making anime. |
| Posted by: g(r)omgoru PB 2019-09-06 10:41 |
| #4 This American would like to see China humbled and removed from the international scene until they learn to play civilized. |
| Posted by: ruprecht 2019-09-06 08:37 |
| #3 Ref #2: Most Americans would prefer to see their wages boosted instead. I certainly agree. If Coutts, Winkworths, and Sainsbury's are doing well, they're more likely to offer incentives, retain employees, and hire one or two more. "Trickle down" so to speak. |
| Posted by: Besoeker 2019-09-06 07:14 |
| #2 Most Americans would prefer to see their wages boosted instead. |
| Posted by: Bright Pebbles 2019-09-06 06:32 |
| #1 If your 401K or investment portfolio includes, Coca Cola, Lowes, Home Depot, Southern Company, Norfolk Southern, Johnson & Johnson, Verizon, Merck, and AT&T, you're probably up about 10-16 percent on these picks for the year already. The Orange Man's deregulation could be to blame. |
| Posted by: Besoeker 2019-09-06 01:17 |