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Date
Summary
Peter Navarro: ‘I Can Guarantee You’ Dow Will Hit 50,000 During Trump’s Second Term
Subjects
Source
CNN
Name: CNN
URL: http://www.cnn.com/
Show
Smerconish
Name: Smerconish
URL: https://www.cnn.com/shows/smerconish
Persons
Michael Smerconish
, Peter Navarro
Name: Michael Smerconish
Employment: MSNBC
Position: Host
Name: Peter Navarro
Employment: U.S. White House
Position: Director of the National Trade Council
Event
Event location
–
Link
–
Original recording
Uploaded
04/05/2025 11:56 am
Owner
Zoran (staff)
Type
Video
Format
MP4 (720x406)
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Duration
0:02:14
Views
79
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0
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0
Transcript
RUSH TRANSCRIPT SMERCONISH So ░░░░░░░░ is the administration expecting ░░░░░░░░ chaos to come and ░░░░░░░░ green to return to ░░░░░░░░ boards The perfect person ░░░░░░░░ talk about it right ░░░░░░░░ President Trump s senior ░░░░░░░░ for trade and manufacturing ░░░░░░░░ Navarro Peter thank you ░░░░░░░░ much for being here ░░░░░░░░ you anticipate did you ░░░░░░░░ this bad of a ░░░░░░░░ reaction to the announcement ░░░░░░░░ It s really great ░░░░░░░░ be back with you ░░░░░░░░ many years We talked ░░░░░░░░ lot during the first ░░░░░░░░ with respect to the ░░░░░░░░ Look it s been ░░░░░░░░ orderly retreat as it ░░░░░░░░ We re in a ░░░░░░░░ where we re simply ░░░░░░░░ and restructuring I can ░░░░░░░░ you that the market ░░░░░░░░ find its bottom that ░░░░░░░░ will have the dow ░░░░░░░░ 50 000 easily during ░░░░░░░░ Trump second term and ░░░░░░░░ the S P 500 ░░░░░░░░ is 500 companies will ░░░░░░░░ a very broad based ░░░░░░░░ And it will involve ░░░░░░░░ many companies The Biden ░░░░░░░░ went up for the ░░░░░░░░ P 500 but 90 ░░░░░░░░ so of the gains ░░░░░░░░ the S P 500 ░░░░░░░░ only the magnificent seven ░░░░░░░░ And about 80 of ░░░░░░░░ stocks in the S ░░░░░░░░ 500 We re simply ░░░░░░░░ or going up a ░░░░░░░░ 50 000 on the ░░░░░░░░ To put that in ░░░░░░░░ that s only about ░░░░░░░░ a year So it ░░░░░░░░ not not that unattainable ░░░░░░░░ people need to just ░░░░░░░░ observe what s going ░░░░░░░░ now not get panicked ░░░░░░░░ the media and understand ░░░░░░░░ s what s going ░░░░░░░░ happen is that the ░░░░░░░░ that are going to ░░░░░░░░ the winners as we ░░░░░░░░ forward are those who ░░░░░░░░ going to be the ░░░░░░░░ manufacturers who make stuff ░░░░░░░░ So the markets will ░░░░░░░░ just fine Now the ░░░░░░░░ thing to say here ░░░░░░░░ everybody else is watching ░░░░░░░░ stock market I m ░░░░░░░░ the bond market and ░░░░░░░░ ve had mortgage rates ░░░░░░░░ below 6 We re ░░░░░░░░ the long bond go ░░░░░░░░ in terms of yield ░░░░░░░░ s going to be ░░░░░░░░ for for home buyers ░░░░░░░░ for auto buyers again ░░░░░░░░ everything in place Michael ░░░░░░░░ have to look at ░░░░░░░░ tariff at one one ░░░░░░░░ said as a chapter ░░░░░░░░ a longer—“
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