Tags: Exclusive Interviews | Financial Markets | Money | Newsmax TV | economy | growth | stock market

Moore to Newsmax TV: Despite Market Dip, Economy Is Growing

(Newsmax TV's "Newsmax Now")

By    |   Tuesday, 18 December 2018 09:12 PM

Former Trump senior economic adviser Stephen Moore told Newsmax TV on Tuesday there is no need to worry about the stock market's dip in December.

"This is no Great Depression," Moore told "Newsmax Now" host John Bachman, who asked whether Americans should be nervous about a Dow Jones Industrial Average and S&P 500 plunge of nearly 8 percent Monday. "The real economy, which is looking at jobs, and industrial production, and wages, and consumer spending – all those are very strong.

"We're going to come in in the fourth quarter at 3 percent growth, maybe a little higher. For the year, we're going to be at 3.5 percent, that's a really phenomenal number compared to what he had under Obama."

Important: Newsmax TV is available on DirecTV Ch. 349, U-Verse 1220, DISH 216, and FiOS 615. If your cable operator does not have Newsmax TV just call and ask them to put us on – Call toll-free 1-844-500-6397 and we will connect you right away to your cable operator!

For more places to Find Newsmax TV – Click Here Now

Both the Dow Jones and the S&P 500 are on pace for their worst December performance since 1931, and closed Monday down 7.6 percent and 7.8 percent, respectively. It is the worst December performance since 1931 when stocks were hammered during the Great Depression.

© 2019 Newsmax. All rights reserved.

   
1Like our page
2Share
Newsmax-Tv
There is no need to worry about the stock market's dip in December, former Trump senior economic adviser Stephen Moore told Newsmax TV on Tuesday.
economy, growth, stock market, recession
226
2018-12-18
Tuesday, 18 December 2018 09:12 PM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved