Dow Will Surge on 2020 Trump Victory: Nobel Laureate

By CCN: The Dow Jones will soar and delay a recession if President Donald Trump wins re-election in 2020. That’s the prediction of Nobel laureate Robert Shiller, an economics professor at Yale University. This uncharacteristically bullish outlook is surprising because Shiller is a longtime perma-bear who has been predicting a recession for decades. In fact, Shiller’s specialty is spotting financial bubbles, so he’s constantly looking for signs of an impending recession (even when there are none). Robert Shiller: ‘Trump Is a Pro-Business Candidate’ However, Shiller says Trump’s pro-business policies could buoy the Dow and offset an economic downturn for several

The post Dow Will Surge on 2020 Trump Victory: Nobel Laureate appeared first on CCN

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