S&P 500, Nasdaq Surge to Record Highs, DOW Up 250+ as US and Mexico Strike Trade Deal

ANOTHER WIN FOR PRESIDENT DONALD J. TRUMP AND AMERICA …

The Trump administration and Mexico have negotiated a new trade deal to replace NAFTA and the markets are gaining in a huge way. Candidate Trump promised during the 2016 presidential campaign that he would end NAFTA and replace it with a better deal for America and American workers. He has done it! And the markets loved it and surged on the news. The S&P 500 gained 0.8% to close at 2,896.74, a record high. The Nasdaq Composite climbed 0.9% to an all-time high, breaking above 8,000 points for the first time. The Dow Jones Industrial Average rose 259.29 points to 26,049.64.

Stocks jumped on Monday as the United States and Mexico closed a new trade deal, potentially removing a source of uncertainty that had been plaguing investors for months.

The S&P 500 gained 0.8 percent to close at 2,896.74 — a record high — with materials and financials as the best-performing sectors. The Nasdaq Composite climbed 0.9 percent to an all-time high, breaking above 8,000 points for the first time, as Facebook, Amazon, Netflix and Alphabet rose. Tech’s gains led the Nasdaq to close at 8,017.90.

The Dow Jones Industrial Average rose 259.29 points to 26,049.64 as Caterpillar outperformed. Monday also marked the first time since Feb. 1 that the Dow closed above 26,000.

“The market has been buffeted with a lot of headwinds lately, and the biggest one is trade,” said Art Hogan, chief market strategist at B. Riley FBR. “If you were to take trade out of the picture, you would have a smoother ride higher in this market.”

President Donald Trump said the deal would be called The United States-Mexico Trade agreement, leaving behind the 24-year-old NAFTA name. “The name NAFTA has a bad connotation because the United States was hurt very badly by NAFTA,” he said. Trump added that the deal with Mexico is also very helpful for farmers and manufacturers. U.S. Trade Representative Robert Lighthizer said the deal must be approved by Congress before being implemented.

Target CEO Says About the Economy: This is the best consumer environment ‘I’ve seen in my career’

JUST SAY THANK YOU PRESIDENT TRUMP AND THE DEPLORABLES WHO VOTED FOR HIM …

As reported at CNBC, Target CEO Brian Cornell raved about the state of the economy stating that this is the best consumer environment ‘I’ve seen in my career’. Target saw an unprecedented growth in same-store sales and foot traffic during the second quarter. But wait, I thought the internet was the destruction of bricks and mortar stores? The fact of the matter is that in a great economy, all succeed. Does that mean all, of course not. But when a President like Trump creates an environment conducive to business, stability and rids business of unnecessary regulations, look what is possible. It is no accident that this occurred while Donald Trump was in office and it would appear that the LEFT, Democrats and the liberal MSM all want this to go away. They want to be back in power and back to the old ways when the economy barely moved along.

Consumer spending is back and has never been better as far as Target CEO Brian Cornell is concerned.

“There’s no doubt that, like others, we’re currently benefiting from a very strong consumer environment — perhaps the strongest I’ve seen in my career,” Cornell told analysts on a call Wednesday.

The retailer’s shares are surging after reporting fiscal second-quarter results that beat on earnings, revenue and comparable store sales. Just when many investors have written off brick-and-mortar retailers in the era of Amazon, Target is seeing a huge jump in foot traffic.

“We’re seeing a great consumer response … unprecedented traffic. As we go back and look, we’ve never seen traffic growth like this,” Cornell said Wednesday morning on CNBC’s “Squawk Box.”

The big-box retailer also said digital sales skyrocketed more than 40 percent during the second quarter, as it’s been investing in adding more items to its website and adding more delivery options for online orders. Building on that momentum, Target raised its earnings outlook for the full year.

America, this is what Making America Great Again looks like … keep it going. But a word of warning, it will never look like it is today with a Democrat controlled Senate or House of Representative, Think about that come election day.

Rasmussen Poll Finds that President Trump at 36% Approval Among African-Americans

IF TRUE, IF EVEN HALF OF THIS NUMBER IS CORRECT, DEMOCRATS ARE IN BIG TROUBLE …

As reported at USA Today, a recent Rasmussen poll showed that President Donald Trump has a 36% approval rating among African-Americans. This is up from 19% last year, while Trump garnered 8% of the black vote during the 2016 Presidential election. How could this be? If you listen to the liberal, hate Trump MSM you would think that this could never be true. But wait, wasn’t it candidate Trump who said to blacks and other minority groups during his campaign, “give me a chance, what do you have to lose?” Maybe, just maybe they are seeing the record low black unemployment numbers, the booming economy and the benefits they have received from the Trump-GOP tax cuts.  Maybe its because black owned businesses is up 400% from last year. Is it any wonder why Pastor Darrell Scott stated that Donald Trump was the most Pro-Black President i his lifetime.

The LEFT’s worst nightmare … Trump “is probably going to be… the most pro-black president I’ve seen in my lifetime”

Even as cable news networks debate reports of the existence of a recording of President Donald Trump using a racial slur, a new poll from Rasmussen Reports says that the president’s approval rating among African-Americans is at 36 percent, nearly double his support at this time last year.

“Today’s @realDonaldTrump approval ratings among black voters: 36%,” Rasmussen said in a tweet. “This day last year: 19%.”

That is a staggeringly high number for a man who only won 8 percent of the African-American vote in 2016.

Make no mistake about it, President Trump has done great things for the black community and he didn’t pander to them. By making America great again, we all came along for the ride. And if, just if blacks do silently support President Trump, much like the forgotten men and women did in 2016 … then is it no wonder why the Left, the media and Democrats are panicking and going after Trump like they are.

Youth Unemployment Hits 52-Year Low … Making America Great Again for the Youth Too

DON’T LOOK NOW BUT TRUMP IS GOOD FOR MILLENNIAL JOBS ALSO …

In a WSJ article, Youth unemployment has hot a 52 year low. Youth unemployment is the unemployment of young people, defined by the United Nations as 16–24 years old. Many of these people for the past 8 years of Obama and final years of GWB have struggled to ever be employed. A 24 year old youth may have never been able to get a job due to the bad economy, restriction of jobs available and older individuals having to take positions that were once deemed high school jobs.

NO LONGER.

As stated at the WSJ, Americans between the age of 16 and 24 had its lowest midsummer jobless rate since 1966. This is what President Donald Trump’s “Make America Great Again” means. Individuals who have suffered previously, once again have a chance to grow and prosper. This youth unemployment low is in line with the record low unemployment rates for blacks, Hispanics, Asians and women. The economy is roaring and it is due to Trump cutting regulations, the Republican-Trump tax cuts and creating a table environment for business to flourish.

Small Business Optimism Up Again and At 35-Year High … Just Shy of the July 1983 Record-High of 108

MAKING AMERICA GREAT AGAIN!!!

As reported at FOX Business, Small business owners’ optimism hit a 35 year high in July at 107.9, just shy of the July 1983 record-high of 108. Small businesses  also set records in terms of job creation and hiring. President Donald Trump is doing an incredible job of creating an environment conducive to business, the economy and unemployment. Small businesses are the backbone of the American economy and this type of optimism has not been seen since the days of Ronald Reagan. AMAZING!!!

Small business owners’ optimism touched a 35-year high in July, with businesses setting records in terms of job creation and hiring, while they cited the availability of qualified workers as their biggest challenge. In another signal of just how good this economy is, the small business owners also noted that they were able to increase prices.

In July 2018, the NFIB’s Small Business Optimism Index marked its second highest level in the survey’s 45-year history, at 107.9 – just shy of the July 1983 record-high of 108.

Records were set for job creation plans. A seasonally-adjusted net 23 percent of businesses are planning to create new jobs, while 37 percent of business owners said they had job openings that they could not fill in July.

“Small business owners are leading this economy and expressing optimism rivaling the highest levels in history,” said NFIB President and CEO Juanita Duggan. “Expansion continues to be a priority for small businesses who show no signs of slowing as they anticipate more sales and better business conditions.”