Tags: Trump Administration | Exclusive Interviews | Financial Markets | Newsmax TV | Donald Trump | David Horowitz | tax reform

David Horowitz: Trump Stock Market Rally Will Continue

(AP/Evan Vucci)

By    |   Sunday, 09 April 2017 08:43 AM

David Horowitz, author of the best-selling book "Big Agenda: President Trump's Plan to Save America," told Newsmax TV that the market rally since Republican Donald Trump won the election has more room for gains as the president pushes his pro-business agenda.

“There's more upside. Starting from when he was president-elect he started this stock market boom,” he told Sunday's “The Income Generation Show.”

“There will be corrections. There are going to be setbacks along the way like the healthcare which they hurried too fast. If you're looking over the long term of this administration I think the stock market is going to love Trump.”

The S&P 500 has risen 10 percent since the Nov. 8 election after reaching a record high in early March. The rally stalled as Republican lawmakers withdrew proposed changes to the country’s healthcare system, casting serious doubts about the growth agenda pledged by Trump, whose job approval rating keeps falling.

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Source: RealClearPolitics.com

Horowitz said the president will push forward with tax cuts and regulatory changes promised during the election.

“I don't think Trump's agenda is going to be stopped in its tracks. What people forget, I mean, it's all this inside-the-beltway chatter, all of it hysterical. The anti-Trump forces are truly deranged. You can't forget how he resonates with the people,” Horowitz said on "The Income Generation," which airs on Newsmax TV every Sunday at 10 am ET.

Horowitz's new book is the first book about the Trump presidency and has soared to the top of the Amazon bestseller charts, becoming the No.1-selling book on the web.
Horowitz’s ‘Big Agenda’ says Trump’s key priorities for the economy include:

  • Better Trade Deals – Trump criticized the North American Free Trade Agreement and the Obama administration's Trans-Pacific Partnership as being bad for U.S. workers. President Obama touted TPP, a trade deal with 12 Pacific Rim countries, as good for America because it would remove 18,000 tariffs on U.S. exports. Democratic presidential candidate Hillary Clinton described TPP as the “gold standard” for trade deals before flip-flopping as Sen. Bernie Sanders posed a threat to her campaign.
  • Energy Drilling – “President Trump will promote U.S. energy independence to thwart the left’s agenda to make America dependent on global partners whose heartfelt hope is to undermine America,” Horowitz says.
  • Tax Reform – Trump wants to create better incentives to invest in America and for companies to return their trillions in overseas cash to U.S. shores.
  • Infrastructure Spending – Trump plans to improve America’s transportation and communications facilities to make the country a better place to do business.

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David Horowitz, author of the best-selling book "Big Agenda: President Trump's Plan to Save America," said the market rally since Republican Donald Trump won the election has more room for gains as the president pushes his pro-business agenda.
Donald Trump, David Horowitz, tax reform, stocks
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2017-43-09
Sunday, 09 April 2017 08:43 AM
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