Friday, June 7, 2019

Dow Shoots North But Hedge Fund Pro Warns of 40% Stock Market Crash

By CCN: The Dow overcame a worrisome jobs report to grind higher on Friday, as the US stock market plowed ahead toward its best week since November 2018. However, one hedge fund legend warns that if Donald Trump fails to mount a successful reelection campaign, his successor could trigger a brutal 40% stock market crash. Dow Seesaws Higher as Economy Backs Fed Into a Corner Wall Street’s major indices sped toward moderate gains on Friday, even after trimming gains during the pre-market session. Shortly before the opening bell, Dow Jones Industrial Average futures had climbed 52 points or 0.2%, implying

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