China deal could boost Dow 10,000 points: Art Laffer

China deal could boost Dow 10,000 points: Art Laffer
China deal could boost Dow 10,000 points: Art Laffer
President Trump spoke about the latest negotiations with China yesterday at the White House. If I wanted to do nothing with China, my stock market hours stock market would be 10000 points higher that it is right now. Somebody had to do this to me. This is much more important than the economy, so we’ll see what happens if they want to make a deal that make a deal. They don’t want to make a deal. That’S fine, but I can tell you that having one of the worst, I guess the worst starting record and want to make a deal and if I would ever want to make a deal to, but we’ll see what happens? It’S not. Your deal has done to the market. Your expectations are if we do get a deal going to be huge for the market. What are you expecting, but frankly it’s a huge thing for that, because remember I pulled it out of a half a yes. I do the world, you know, people love working and being rich, and the only thing we need to do is get the economy today. There’S a debate which will be released tomorrow show that 158000 jobs are expected to be added to the economy in the month of August and the unemployment rate about fourth quarter rate. Not what’s your reaction to these Rock Bottom rates, where we see an inversion still with a three month and the 10-year yields and, of course, you’ve got the Democrats for for the president reception on the horizon. How do you see it at what is happening tire world now will see you soon. Thank you, sir
Former Reagan Economic Advisor Art Laffer looks forward to a deal with China and examines the current state of the US economy.

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