LARRY KUDLOW: The Dow 50,000 Prosperity Rocket Ship
To quote President Trump’s Truth Social post, "Congratulations America" on Dow 50,000.
And the widely known index didn’t just crawl above 50,000, it rocketed by 1,100 plus.
And all those techie moaners and groaners have had their day in court, but they lost because they were up almost 2 percent and the broad based S&P is up almost 2 percent.
There’s always a frothy selling period, kind of a cleansing. And it’s healthy. Yet as I’ve believed for so many decades, you buy stocks for the long run.