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Dow at 50,000; Trump Says 100,000 Is Next — Is That Realistic?

Trump credits tariffs for Dow surpassing 50,000, forecasting it will double to 100,000 by 2029 despite studies showing Americans bore 96% of tariff costs.

  • President Donald Trump on Sunday, February 8, 2026, predicted the Dow would reach 100,000 by the end of his Term, writing, `Record Stock Market, and National Security, driven by our Great TARIFFS. I am predicting 100,000 on the DOW by the end of my Term.`
  • Researchers counter that the tariffs largely hit U.S. households and firms, noting a Kiel Institute study found about 96% of tariff costs were borne by American consumers and businesses.
  • The Dow closed above 50,000 on Feb. 6 at 50,115.67, with Goldman Sachs and Caterpillar accounting for 10,173 of those points, highlighting the index's milestone context.
  • The U.S. Supreme Court is weighing legal limits on the tariffs, and Fed researchers Fernanda Nechio and Óscar Jordá found tariffs initially raise unemployment as inflation falls, with a Fed analysis suggesting tariffs may have cost thousands of American jobs monthly.
  • Using recent decade returns, the Dow could reach six digits by February 2032 with an 11.95% compound annual growth rate, but late 2034 or early 2035 remain possible, and stock splits by Goldman Sachs or Caterpillar could alter this path.
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11 Articles

Fox 25 Oklahoma CityFox 25 Oklahoma City
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Trump predicts Dow Jones to hit 100K by 2029

He said in a social media post that the index will double in the next three years because of his tariffs.

·Oklahoma City, United States
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www.ertnews.gr broke the news in on Monday, February 9, 2026.
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