‘Ridiculously Cheap’ Dow Stocks Will Explode in Trump Nirvana: Warren Buffet

2019-5-7 17:17

By CCN. com: As the Dow edges toward new record highs, Warren Buffett says US stocks have plenty of room to run. But on one condition: that interest rates remain low. It’s a big “if,” but one that US president Donald Trump is desperate to maintain.

Trump has repeatedly called for a one percent cut in interest rates and slammed the Federal Reserve for moving in the other direction.   If Trump gets what he wants, and interest rates stay low, the Dow Jones Industrial Average (DJIA) is poised for much bigger gains. Warren Buffett: “I Think Stocks Are Ridiculously Cheap” Speaking to CNBC,

The post ‘Ridiculously Cheap’ Dow Stocks Will Explode in Trump Nirvana: Warren Buffet appeared first on CCN

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What is MMT and Why Is It Causing A Stir in America?

At a time when some market observers are increasingly of the opinion that America may be heading toward a recession, a fringe financial theory is starting to make its way around Washington DC. Pushed by bipartisan support from prominent politicians like Alexandria Ocasio-Cortez and – some would argue Donald Trump himself – Modern Monetary Theory (MMT), which has hitherto been regarded as a borderline lunatic idea is making a serious comeback into the political and economic conversation.

2019-3-19 14:11