How Can the Stock Market & Economy Continue to Run In a Shutdown? They Never Ever Will Understand MAGAnomics…

Bloomberg Radio had to admit today that the shutdown is having absolutely no effect on the Stock Market or the Economy. They don’t understand why. It is because they don’t understand MAGAnomics and how it has unshackled the Economic Train that has been sitting in mothballs for the past three decades.

According to the the so called “Experts”, 2019 was supposed to be the start of the next great recession in our country. However, 2019 is looking to be much better than 2018 which will finish the year with a 3%+ Annual real GDP rate for the first time since 2005.

Here is why I feel so confident.

From the article linked above:

The Philadelphia Federal Reserve’s Manufacturing Business Outlook Survey indicated a clear acceleration in factory activity for the Mid-Atlantic. The general activity indicator came in at 17, beating the consensus forecast and exceeding the highest end of the range.

The consensus forecast was expecting a reading of 10.0, and forecasts ranged from 6.1 to 14.0.

Overall, more than 30% of the manufacturers reported increases in activity, while 13% reported decreases. The new orders index increased 8 points to 21.3, the highest reading in 6 months.

MUH SHUTDOWN! This can’t be happening.

From the article linked above:

The Labor Department (DOL) said jobless claims fell another 3,000 to a seasonally adjusted 213,000, easily beating the forecast.

Forecasts ranged from 219,000 to 225,000, with a consensus of 221,000.

The advance seasonally adjusted insured unemployment rate was unchanged at a very low 1.2% for the week ending January 5.


From the article linked above:

America’s journey to preeminence in the global oil trade is about to hit another milestone.

Propelled by the shale-oil boom, the U.S. is already producing more crude than either Russia or Saudi Arabia, who until recently vied for the top spot. By mid-year America will go one better.

At the moment, Saudi Arabia could raise production all the way up to its maximum capacity of 12 million barrels a day, surpassing the 11.8 million daily barrels produced by the U.S. in December, according to the International Energy Agency. Soon even that won’t be enough.

American crude output is poised to expand by 1.1 million barrels a day this year, according to the IEA, which sees the U.S. exceeding the Saudis’ maximum level within the next six months.

China is SO DESPERATE for a deal that they put the following out. Our President will thank them put also tell them that the gesture is only half of the equation!

From the article linked above:

China has offered to go on a six-year buying spree to ramp up imports from the U.S., in a move that would reconfigure the relationship between the world’s two largest economies, according to officials familiar with the negotiations.

By increasing annual goods imports from the U.S. by a combined value of more than $1 trillion, China would seek to reduce its trade surplus — which last year stood at $323 billion — to zero by 2024, one of the people said. The officials asked not to be named as the discussions aren’t public.

Our President is truly doing what he states in this tweet:

Never forget our President’s MOTTO that runs through his veins:

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