Wall Street veteran offers eye-popping GDP prediction

5 days ago 10

Louis Navellier has witnessed much than his stock of bully and atrocious economies implicit his agelong Wall Street career. Navellier, a seasoned wealth manager who has been navigating the banal marketplace since the 1980s, is the laminitis of Navellier & Associates, a steadfast with astir $1 cardinal in assets nether management.

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His agelong career, which began with the highly palmy probe work MPT Review, means helium has managed wealth done the savings and indebtedness situation of the 1980s and aboriginal 1990s, the net roar and bust, the Great Recession, the COVID-19 pandemic, and 2022’s bear market.

Over the people of his galore years, helium has gained invaluable insights into the system and its interaction connected banal prices—a cognition that led him to beryllium bullish successful 2025, contempt reasons for interest owed to President Donald Trump's tariff policy.

Also read: CPI ostentation study sparks information backlash

This spring, tariff proposals sparked wide interest implicit stagflation, a play of dilatory maturation and rising prices, oregon worse, recession. It besides pushed the Fed to the sidelines, trapped by its dual mandate to acceptable rates astatine levels that beforehand employment without fanning inflation.

Those concerns appeared well-founded erstwhile the U.S. system contracted 0.6% successful the archetypal quarter. And they strengthened arsenic ostentation rose, climbing done the summertime into September, adjacent arsenic unemployment increased, causing galore households to struggle.

Yet, Navellier remained unfazed, correctly betting stocks would look beyond tariff-driven ostentation toward nett maturation associated with AI investment, outgo cuts, and a rebound successful GDP.

Navellier’s economic outlook for 2026 suggests helium remains unconcerned by immoderate imaginable drags connected the economy. This week, helium offered a blunt prediction of what investors tin expect adjacent year, saying successful an email to TheStreet, "I judge U.S. GDP maturation volition transcend 5% successful 2026."

<em>A trader connected  the New York Stock Exchange Floor. The U.S. system  could turn  by 5% successful  2026, according to Wall Street seasoned  Louis Navellier.</em>REUTERS

A trader connected the New York Stock Exchange Floor. The U.S. system could turn by 5% successful 2026, according to Wall Street seasoned Louis Navellier.REUTERS

Navellier isn't shy astir sharing his sentiment connected the system and markets, penning successful July that Fed Chairman Powell was "delusional" for refusing to chopped rates successful the look of labour marketplace risks.

He was proven correct, fixed the Fed yet acquiesced, reducing its Fed Funds Rate, oregon FFR, by a 4th percent constituent astatine each of the past 3 meetings (September, October, and December) to enactment up the jobs market.

Now, those cuts, and potentially, much cuts successful 2026, are putting the U.S. system successful a presumption to accelerate rapidly adjacent year.

Navellier believes 3 things volition thrust U.S. GDP to mid-single-digit growth successful 2026:

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