Switzer on Saturday

Can this rising stock market go through to Christmas?

Founder and Publisher of the Switzer Super Report
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Friday Close
Change
Change %
Week Change %
Dow Jones
27,332.03
243.95
0.90%
1.52%
S&P 500
3,013.77
13.86
0.46%
0.78%
NASDAQ
8,244.14
48.10
0.59%
1.01%
ASX 200
6,696.50
-19.60
-0.29%
-0.81%
Data for week commencing 08 July 2019

The Trump bull market rally took the Dow Jones Index to all-time highs overnight and a leading US academic who has been right since 2009 says the Yanks could take their market 5% higher before Christmas! And he pointed to the Fed boss Jerome Powell and his testimony to the US Banking Senate Committee on Thursday as the prime reason.

The Federal Reserve Chair said that his central bank will “act as appropriate to sustain the expansion.” And he added: “The bottom line is the economy is in a very good place, and we want to use our tools to keep it there.”