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.
Chairman of the Council of Economic Advisers Kevin Hassett Educates the White House Press As To Who and What Is Responsible for Amazing Economy
WANT TO LEARN WHO REALLY IS RESPONSIBLE FOR THE CURRENT THRIVING ECONOMY …
Watch the video below and you will see a masterful job by Chairman of the Council of Economic Advisers Kevin Hassett educate the liberal White House press as to when and where and who and why the economy is doing so well today. Unemployment is at 3.8%, we have had record low unemployment for Africa-Americans and Hispanics. Millions of jobs being created including manufacturing ones who Obama said would never return. Business and consumer confidence is up. Last quarters GDP was 4.2%. The DOW hit yet another record high today of 26,743.50, up 86.52.
Kevin Hassett goes through chart after chart showing the trend lines that distinctly indicate during who’s presidency the amazing gains have been made. Please watch. What is rather ironic is Obama is taking credit for things in the economy that he claimed would never happen again. President Trump has reversed many of the economy killing regulations.
Hey Barack Obama, you didn’t build it!
Remember when Obama mocked Donald Trump prior to the 2016 elections, stating the jobs were not coming back and how could he make such claims come true. Remember when Obama stated, what does he have a magic wand? It would appear he did Barack. It just goes to show just how clueless Obama was in the economy and job creation.
DOW 26,656 AND CLIMBING …
Today the DOW closed at 26,656 for a new all-time high. The previous record was set in January 2018 at 26,616. Simply amazing! Yesterday the DOW reaches its 100th all time high since candidate Trump was elected President. The DOW is up almost 8800 points since Trump was elected. You might want to remember this bit of good news and what it has done for the economy and your 401k’s before you cast a vote in this November’s midterm elections. Its up to the American people if you want Anti-Trump, Resistance Democrats to control the power in the House of Representatives and Senate and watch all these economic gains come crashing down.
The Dow Jones Industrial Average closed at a record high on Thursday, its 100th record close since Election Day 2016. The stock market index has been propelled higher by economic optimism and tax reform, which have boosted companies’ earnings.
The S&P 500 closed at a record for the 89th time Thursday since the election, and numerous S&P 500 component stocks set records. Shares of companies in various sectors of the economy set records on Thursday, evidence that the strong economy is benefiting many industries.
Remember when Donald Trump was elected on 11/4/2016 the DOW was 17,888 and down some 700 points. All of the LEFT know-nothings, Never-Trumpers and Left-wing media pundits said Trump would crash the economy and the stock markets. The same know-nothings and Leftist hacks said Trump’s tariffs would crash the economy and stock markets. They could never have been more wrong.
U.S. stocks rose in early trading on Friday, with Wall Street extending its recent uptrend and pushing further into record territory.
Where are the major benchmarks trading?
The Dow Jones Industrial Average DJIA, +0.15% rose 81 points, or 0.3%, to 26,738, hitting an all-time intraday high in early trading. The S&P 500 SPX, +0.15% gained 8 points to 2,939, a rise of 0.3% that took it to new records of its own. The Nasdaq Composite Index COMP, -0.11% which remains about 1% below record levels, rose 21 points, or 0.3%, to 8,049.25.