Navarro Predicted This Would Happen with the Stock Market [WATCH]

White House adviser Peter Navarro reiterated his long-standing prediction that the Dow Jones Industrial Average would reach 50,000 during an appearance with Maria Bartiromo, pointing to what he described as the economic impact of President Donald Trump’s policies.

During the exchange, Bartiromo noted Navarro’s earlier forecast, which he made when markets were under pressure following tariff announcements.

“Peter, you called it. You were on this program a long time ago saying we’re going to Dow 50,000. How do you feel today?” Bartiromo asked.

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Navarro responded by recalling the timing and context of his prediction.

“It’s nice to be right. We were talking on April 7. There abouts the Dow had fallen to 38,000 and this was right around the time President Trump had announced the reciprocal tariffs, and Wall Street was in a panic,” Navarro said.

He explained that despite market anxiety at the time, he believed the underlying economic fundamentals supported significant growth.

“And what I said to you is that Relax, it’s going to 50,000 and the reason I said that is simply because Wall Street and Jay Powell do not understand how the Trump policies can actually stimulate non inflationary, robust growth and rising real wages without a wage price spiral,” Navarro continued.

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According to Navarro, the core of his optimism rests on what he called the “four engines of growth” driving the Trump economy.

“And the way it works, Maria, it’s the four engines of growth. It’s basically a supply side oriented approach,” he said.

Navarro outlined those engines in detail, beginning with tax policy.

“You have the tax cuts which stimulate investment 100% on expenses, stuff like that,” he said.

He then pointed to regulatory changes as a major factor in boosting profitability.

“You got the lowering the regulatory burden, which is a pure profit driver because it lowers costs,” Navarro added.

Energy policy, he argued, also plays a central role.

“You got the Strategic Energy dominance, which doesn’t just lower our transportation, our gas and diesel prices and heating our homes, but also things like fertilizer and therefore food prices,” he said.

Navarro also addressed tariffs, which have been a focal point of criticism from financial markets and economists.

“And you have the tariffs, which Wall Street has wanted to portray as inflationary when it’s just the opposite,” he said.

Rather than driving inflation, Navarro argued tariffs encourage domestic investment.

“What you get with tariffs is you had a massive wave of investment. What does that do that increases productivity, and productivity is the key to rising real wages,” Navarro said.

He emphasized that this framework has remained consistent throughout Trump’s political career.

“So everything President Trump does going back to 2016 same four engines of growth,” Navarro said.

Navarro also referenced a previous forecast he made following Trump’s first election victory.

“By the way, I made the same prediction back the day after the election in 2016 where I said, when the futures were dead red down. I said it’s going to 25,000 on the Dow. It hit that within a year,” he said.

He concluded by reaffirming his latest target for the market.

“This time we’re at 50,” Navarro said.

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