On Friday (01/10/2020), the Dow Jones Industrial Average briefly crossed the 29,000 milestone, before turning lower.
The index closed lower mainly to shares of Boeing, which slipped 1.9% and profit-taking from nice gains that have taken place. Over the last three months, the Dow has risen 8.8% (20% over the past 12 months). I wonder if my wild prediction will become a reality.
Larry Kudlow is the boss!
Coincidentally the Dow hit a new all-time high during FOX Business Network interview with National Economic Council Director — Larry Kudlow.
Larry made sure that he does not believe that Dow hitting 29 K has anything to do with his appearance on Fox.
Published by Fox Business on Jan 10, 2020
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