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As stocks close at a record high after a months-long recovery, Fox Business Network's Stuart Varney said President Trump is the one to thank.
Stuart Varney, host of “Varney & Co.” on Fox Business, said Wednesday the new Wall Street record high can be attributed to the “Trump growth agenda,” which he said “has been wildly successful.”
Varney - Statements - Fox - Friends - Morning
Varney made the statements on “Fox & Friends” the morning after the S&P 500 hit an all-time high, recovering from last year's dramatic plunge.
“We’re in earnings season. That's the time when the big corporations tell us how much money did you make. That's what they are telling us right now,” said Varney, a Fox News business contributor on “Fox & Friends.”
WALL - STREET - IN - RECORD - GROUND
WALL STREET'S IN RECORD GROUND. WHAT DO INVESTORS DO NOW?
“The expectation was the profits would go down. Instead, we got profits going up very nicely. I challenge you. Go and look at your 401(k). Look at your IRA. I guarantee you will smile because since President Trump was elected in November of 2016, the value of all stocks has gone up by $9.4 trillion.”
Middle - America - Piece - K - Pension
He added, “Middle America has got a piece of that, your 401(k), your pension plan, you got a piece of that. And it's gone up like that because of the Trump growth agenda. It has...
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