WOW! PDJT Dropped A Nuclear Bomb On China….. 4th Quarter & Annual Real GDP Rates Released This Morning…..

President Xi thought our President would be so desperate that he would take the deal that Chairman Kim offered last night. There was no way that PDJT would walkaway.

Walkaway is exactly what he did! There were daggers coming out of our President’s mouth during that press conference. Every single comment was geared to President Xi, the Globalist, MSM and the Uniparty.

The price tag has gone up and there is absolutely nothing they can do to reduce it. Either you will take your medicine or you will be DESTROYED. There no longer will be negotiations with North Korea. By walking away, our President set the terms for the final agreement.

Over the next few weeks, you are going to see actions taken by our country. More individual sanctions on Chinese people and corporations that are still dealing with North Korea. An EO stating that any country that does business with Huawei will be forbidden from doing any business with our country including the sharing of intelligence.

You want to play stupid games you will win stupid prizes!

The Chinese Economy is HEMORRHAGING!

From the article linked above:

  • The official Purchasing Manager’s Index (PMI) fell to 49.2 in February, data showed on Thursday, the weakest level since February 2016.
  • This comes as export orders fell at the fastest pace since the global financial crisis, highlighting deepening cracks in an economy facing weak demand at home and abroad.
  • “Unless the trade war truly turns into an extended truce, the weakening trend may not end quickly,” Iris Pang, Greater China economist at ING, said in a note. “As such we expect March’s PMI to fall, too.”

Factory activity in China contracted to a three-year low in February as export orders fell at the fastest pace since the global financial crisis, highlighting deepening cracks in an economy facing weak demand at home and abroad.

The gloomy findings are likely to reinforce views that the world’s second-largest economy is still losing steam, after growth last year cooled to a near 30-year low.

Meanwhile our Economy is stronger than ever! The Atlanta Federal Reserve GDP Now predicted the 4th Quarter would only reach 1.8%. Boy were they ever off!

From the article linked above:

  • GDP rose 2.6 percent in the fourth quarter, ahead of estimates of 2.2 percent, according to the Commerce Department.
  • An increase in consumer pending helped boost the number, while imports and residential investment were a drag.

Economists surveyed by Dow Jones expected a gain of 2.2 percent after a 3.4 percent rise in the third quarter. The growth came amid a bevy of uncertainty and a time when the stock market briefly slid into bear market territory.

Growth was helped by a 2.8 percent rise in consumer spending along with increased nonresidential fixed investment, exports, private inventory investment, and federal government spending. Weakness in residential fixed investment, which fell 3.5 percent, and state and local government spending served as a drag. The gross private domestic investment gain slowed to 4.6 percent in the quarter after a robust 15.2 percent rise in the previous period.

PAY VERY CLOSE ATTENTION TO THE PARAGRAPH BELOW!

Exports rose 1.6 percent in the quarter, reversing a 4.9 percent decline in the previous quarter, while imports increased by 2.7 percent, making trade a slight net negative.

Charles Payne is absolutely right in the tweet below! The one-two punch isn’t going anywhere. It is only getting stronger.

The Annual 2018 real GDP rate was 2.9%. We missed the 3% target that hasn’t been reached since 2005. However, we may just get their when the final revision occurs on March 28th for the 4th Quarter.

There is absolutely NO slowing down the ECONOMIC TRAIN in 2019!

From the article linked above:

The MNI Chicago Business Barometer (PMI) rose by 8 points to 64.7 in February, the highest since December 2017. That easily beats the consensus forecast at 56.1.

“The sharp pick-up in the Barometer to a level not seen in over a year, underpinned by the growth in demand and production, showcases a healthy image of the U.S. economy,” said Shaily Mittal, Senior Economist at MNI Indicators.

“With the Fed’s cautious approach towards monetary tightening along with soft inflation, firms remain optimistic about their business activity,”

Forecasts ranged from a low of 55.0 to a high of 60.0. Instead, the month’s gain was last matched in February 2017 and surpassed only by the 12.5 points hike recorded in January 2016.

AMERICA FIRST ALWAYS AND FOREVER!

WE ARE ABSOLUTELY WINNING!

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