CAPITALISM TRUMPS SOCIALISM …
CNBC is reporting that according to a new poll of Wall Street insiders, 70% believe that President Donald Trump will win reelection in 2020. And if Americans want to continue on the path of jobs, tax cuts, a good economy, record low unemployment for blacks, Hispanics, Asians, and women, higher wages and their 401k’s, they too will reelection President Trump in 2020. Trump truly is making America great again. Trump has also jumped to 51% approval in the Rasmussen poll.
America not only needs to reelect Trump, but also to provide him with Republicans who will back his agenda. Gutless, establishment Republicans have proved to be just as worthless as obstructionist Democrats. Its time to give this president what he needs to really make America great again.
A new poll of Wall Street insiders shows that a vast majority expect President Donald Trump to win reelection in 2020.
While Joe Biden was viewed as the most stock market-friendly possible Democratic candidate for the White House, more than 70% of survey respondents told global investment bank RBC Capital Markets that they expect Trump to be reelected.
“Most expect Trump to win in 2020, but there’s still some nervousness around the event,” Lori Calvasina, RBC’s head of U.S. equity strategy, wrote to clients. Sixty-seven percent “of our March 2019 survey respondents believe that Joe Biden is seen as the most acceptable Democratic candidate by the stock market for the White House. No other candidate got a significant number of votes.”
Trump Economy Keeps Roaring: 196,000 Jobs in March … Gain in Payrolls … Stock Market Approaching Record Highs
The Trump Economy Continues …
As reported at CNBC, Nonfarm payrolls expanded by 196,000 and the unemployment rate held steady at 3.8%. Also, Wall Street closed out another solid week of gains Friday as the stock market hit its longest winning streak in a year and a half. Coupled with the recent news of unemployment weekly claims at a 50 year low and we have Trump economy that is booming at Democrats play partisan, obstruction politics. America, who is working for you and who is just playing political games?
Job creation posted a solid rebound in March, with nonfarm payrolls expanding by 196,000 and the unemployment rate holding steady at 3.8%, the Bureau of Labor Statistics reported Friday.
That was better than the 175,000 Dow Jones estimate and comes after a dismal February that had economists wondering whether the decade-old economic expansion was nearing an end. The unemployment rate met expectations.
“With a strong March employment report now in the books, we’ve gotten some reassurance that the labor market is still strong,” said Steve Rick, chief economist at CUNA Mutual Group. “Of course, last month’s nosedive was disappointing, especially after December and January had such impressive numbers despite some sizable headwinds. But a good March report shows that February was more of an outlier than a canary in the coal mine.”
AMAZING JOBS REPORT …
Jobs, jobs, jobs … The U.S. gained 312,000 jobs in December 2018, shattering the market forecast of a 182,000 increase. The DOW jumped over 700 points on Friday after amazing, blockbuster job report and Fed rate fears ease. The unemployment rate is at 3.9% The fact of the matter is the US economy is great and only negative talk from the media and an irresponsible fed chair can destroy it. Manufacturing added 32,000 jobs in December. Remember when Obama said these jobs were never coming back? Think about this America, this is how good the Trump economy is, in the wake of a fully employed economy and after the fed has irresponsibly raised interest rates, jobs are still being created in massive numbers.
The U.S. gained 312,000 new jobs in December, capping off the biggest increase in hiring in three years and showing that second longest economic expansion in U.S. history still has plenty of staying power despite growing worries about a slowdown.
The surge in hiring was the largest since February. Economists surveyed by MarketWatch had forecast a 182,000 increase.
Hiring in November and October was also stronger than originally reported, the government said Friday.
Strong hiring has also given workers more bargaining power with their bosses. The amount of money the average worker earns climbed 11 cents, or 0.4% to $27.48 an hour last month.
What’s more, the increase in pay in the past 12 months rose to 3.2% from 3.1%, matching a post-recession high set earlier in the year.
Health-care providers hired 50,000 people, professional firms filled 43,000 positions, manufacturers added 32,000 jobs, construction firms beefed up payrolls by 32,000 and restaurants employed 41,000 additional workers.
WOW BIGGEST POINT GAIN EVER!!! Dow Jones Soars 1,086 Day After President Trump Says It’s a Good Time to Buy!
BIGGEST POINT GAIN EVER … Wednesday also marked the biggest post-Christmas rally for U.S. stocks ever!!!
On Wednesday the Dow Jones Industrial Averages had its biggest point gain ever! The Dow closed 1,086.25 points higher, or 4.98 percent, at 22,878.45. Now if only the Fed chair would shut the hell up and stop trying to sabotage the markets. President Trump stated earlier with regards to the stock market’s big slide in December: “I think it’s a tremendous opportunity to buy. Really a great opportunity to buy.”
Stocks posted their best day in nearly a decade on Wednesday, with the Dow Jones Industrial Average notching its largest one-day point gain in history. Rallies in retail and energy shares led the gains, as Wall Street recovered the steep losses suffered in the previous session.
The 30-stock Dow closed 1,086.25 points higher, or 4.98 percent, at 22,878.45. Wednesday’s gain also marked the biggest upside move on a percentage basis since March 23, 2009, when it rose 5.8 percentage points.
The S&P 500 also catapulted 4.96 percent — its best day since March 2009 — to 2,467.70 as the consumer discretionary, energy and tech sectors all climbed more than 6 percent. The Nasdaq Composite also had its best day since March 23, 2009, surging 5.84 percent to 6,554.36.
Wednesday also marked the biggest post-Christmas rally for U.S. stocks ever.
DOW UP, UP AND AWAY …
As reported at CNBC, on Tuesday the DOW closed 122.73 points higher to a record high of 26,773.94. This is in the wake of the new trade deal between the United States, Canada and Mexico.
The Dow Jones Industrial Average hit a record high on Tuesday as it rallied for a second day, boosted by gains in Intel and optimism around global trade.
The 30-stock index closed 122.73 points higher to 26,773.94 for its first record close since Sept. 21. Intel climbed more than 3.5 percent, while Boeing soared to an all-time high. These gains added to the 192-point pop in the Dow on Monday to start the fourth quarter.
The S&P 500, closed flat, however, at 2,923.43 while the Nasdaq Composite fell half a percent to 7,999.55 as large-cap tech names fell more than 1 percent.