Trump says the Dow will hit 100,000 points?

When the Dow reached 50,000 points, Trump made a post. First, he congratulated the United States, and then said that during his term, it would reach 100,000 points, which is a doubling.

Some people wonder why he only mentioned the Dow Jones, and not the entire market.

I think, first, the Nasdaq is tech-focused, with fast growth and high volatility, while the S&P 500, although covering 500 companies and being more comprehensive, is also more neutral.

The Dow Jones only has 30 companies, and most are established industry leaders or even monopolistic companies. It has higher concentration, is more directly affected by policies, and is easier for Trump to control. Most importantly, the performance of these companies can better reflect his achievements, making voters more supportive of him.

After all, the most urgent matter right now is to win the midterm elections.

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