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Navarro's Dow 32,000 prediction a 'fool's errand': Market expert


Added 01-20-20 03:04:02pm EST - “Despite Peter Navarro arguing the Dow will hit 32,000 by 2021, investors have no idea how much risk they may be taking on.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Navarro's Dow 32,000 prediction a 'fool's errand': Market expert”. Below is an excerpt from the article.

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Matson Money CEO Mark Matson argues investors are making a mistake for falling in love with Dow stocks and that the next 20 percent market movement is random.

White House trade adviser Peter Navarro argued the Dow Jones Industrial Average would top 32,000 points by the end of the year, but there may be a reason to be a little less optimistic, according to one market expert.

“Trying to predict the market in the short run is a fool’s errand,” Matson Money CEO Mark Matson told FOX Business’ Neil Cavuto.

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