DOW 36,000 Dude to chair WH Council of Economic Advisers

[funinspace]

Great news, this guy knows his stuff! He should help shepherd the markets upward, just as he has predicted.

Oh....wait...fuck...double fuck. He co-penned/published the "DOW 36,000" book in late 1999

The economist, Kevin Hassett, is now at the American Enterprise Institute.
See:
http://www.marketwatch.com/story/do...ys-2017-02-24?siteid=bigcharts&dist=bigcharts

The guy even bet a $1000 over his horribly failed prediction in January 2000, and the DJIA was at least back up to being just a little down a decade later:
https://en.wikipedia.org/wiki/Dow_36,000

In the January 2000 issue of The Atlantic Monthly, Glassman and Hassett replied to a critic of their theory that "if the Dow is closer to 10,000 than to 36,000 ten years from now, we will each give $1,000 to the charity of your choice.
<snip>
the Dow's highest close in January 2010 was 10,725,

 

[Will Wiley]

Great news, this guy knows his stuff! He should help shepherd the markets upward, just as he has predicted.

Oh....wait...fuck...double fuck. He co-penned/published the "DOW 36,000" book in late 1999

The economist, Kevin Hassett, is now at the American Enterprise Institute.
See:
http://www.marketwatch.com/story/do...ys-2017-02-24?siteid=bigcharts&dist=bigcharts

The guy even bet a $1000 over his horribly failed prediction in January 2000, and the DJIA was at least back up to being just a little down a decade later:
https://en.wikipedia.org/wiki/Dow_36,000

In the January 2000 issue of The Atlantic Monthly, Glassman and Hassett replied to a critic of their theory that "if the Dow is closer to 10,000 than to 36,000 ten years from now, we will each give $1,000 to the charity of your choice.
<snip>
the Dow's highest close in January 2010 was 10,725,

The dow trades in wave 5. So we prolly need at least two more bear markets

 

[laughing dog]

Great news, this guy knows his stuff! He should help shepherd the markets upward, just as he has predicted.

Oh....wait...fuck...double fuck. He co-penned/published the "DOW 36,000" book in late 1999

The economist, Kevin Hassett, is now at the American Enterprise Institute.
See:
http://www.marketwatch.com/story/do...ys-2017-02-24?siteid=bigcharts&dist=bigcharts

The guy even bet a $1000 over his horribly failed prediction in January 2000, and the DJIA was at least back up to being just a little down a decade later:
https://en.wikipedia.org/wiki/Dow_36,000

In the January 2000 issue of The Atlantic Monthly, Glassman and Hassett replied to a critic of their theory that "if the Dow is closer to 10,000 than to 36,000 ten years from now, we will each give $1,000 to the charity of your choice.
<snip>
the Dow's highest close in January 2010 was 10,725,

The real question is did he pay up?

The importance of the CEA and its head depends on the President. Some Presidents have relied heavily on the CEA, others have made it virtually irrelevant. My guess is that this President is in the latter category.

 

[funinspace]

Great news, this guy knows his stuff! He should help shepherd the markets upward, just as he has predicted.

Oh....wait...fuck...double fuck. He co-penned/published the "DOW 36,000" book in late 1999

The economist, Kevin Hassett, is now at the American Enterprise Institute.
See:
http://www.marketwatch.com/story/do...ys-2017-02-24?siteid=bigcharts&dist=bigcharts

The guy even bet a $1000 over his horribly failed prediction in January 2000, and the DJIA was at least back up to being just a little down a decade later:
https://en.wikipedia.org/wiki/Dow_36,000

The real question is did he pay up?

LOL...the detail that is most noticed. Yes he and his partner were honorable and paid up.

The importance of the CEA and its head depends on the President. Some Presidents have relied heavily on the CEA, others have made it virtually irrelevant. My guess is that this President is in the latter category.

Sure, it is quite possible the CEA will be irrelevant to Don the Con. I guess the question is who will the Con be listening to, besides those voices in his head...

I think they will need to upgrade the Clown Car to a Clown Bus, as it seems to be getting rather crowded.