On April 7, Peter Navarro, chief strategist at the White House, senior adviser to the president and tariff advocate, said, "The first rule, especially for small investors, you won't lose money unless you sell the stock. Now, the smart strategy is not to panic. Just stick to holding, because under Trump's policy, we will usher in an unprecedented boom in the stock market." Navarro also said that the Dow will reach 50,000 points by 2029.
According to market data, the Dow Jones Industrial Average was close to 45,000 points in February this year, but since then, the Dow Jones Industrial Average has fallen by about 6,500 points as Trump's series of tariff policies advance.
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