Terminal Decline?Doubtful.The American Renaissance

[Aman A.K.A. Ahamburger]

Jan 4, 2019 10:53:46 GMT -5 Aman A.K.A. Ahamburger said:

Stocks hate what the economy loves...bring on the volatility!!

-U.S. gains 312,000 jobs in 10-month high that shattered Wall Street forecasts
-The 3.2% annual jump in average annual earnings ties with October as the best since April 2009.

and after the longest US Government shutdown in modern history - which we were all assured during the past month was a signal of the impending ruin of the US economy: Private companies add 213,000 jobs in January, easily topping expectations: ADP/Moody's Analytics("The job market weathered the government shutdown well. Despite the severe disruptions, businesses continued to add aggressively to their payrolls," says Mark Zandi of Moody's Analytics.)

To put it another way: U.S. gains 304,000 jobs at start of 2019 as firms continue to hire at blistering pace

However, more important is the fact that US companies continue to report decent earnings even as the rest of the world is dragging on growth. Or to sum it up in a picture of the current state of manufacturing:



Of course none of this data can be accurate because we were all assured by the anti-Trump echo chamber that President Trump's policies were NEVER going to work.

Stay

[Aman A.K.A. Ahamburger]

-U.S. economy grew faster than expected in Q4
-Pending home sales roar back, suggesting a spring uptick for housing
-Chicago PMI surges in February as new orders jump

[Aman A.K.A. Ahamburger]

And now the roundup of the last couple posts:

US economy grows by 3.2% in the first quarter, topping expectations

It was the first time since 2013 that first-quarter GDP topped 3%.

Yes, contrary to popular belief, President Trump has taken the worst recovery in post war history and expanded it into a broad based recovery for the entire economy. To think where the US would be had there not be eight years of an empty chair.

[Aman A.K.A. Ahamburger]

I have been waiting for an article just like the following to make a point. The best thing about waiting is the media is now admitting that the Economy was, in fact, doing much better under President Trump. The bigger point is that, while many were surprised and are still calling for a rate cut...The Trump economy is starting to look more and more like the Obama economy. Which drugged along. So, while it's now a negative that the economy is performing the same as it was under Obama, I think it's a positive.

Why?

The Asian Crisis, war and debt wall threads sum it up. Liquidity drying up from China to Europe, mid east settling down?? Ha...ECT, ECT. This is while tariffs are in place making companies scramble to find a new manufacturing base. If only a new multi billion dollar industry was developing in the heart land...

[Aman A.K.A. Ahamburger]

Hedge fund manager Kyle Bass says the US has more leverage over China than ever before

“We have the most leverage that we’ve ever had right now, and I think that our financial system is more solid than it’s been in the last 10 years. And theirs is as weak as it’s ever been,” Bass said Friday morning. “President Trump should hold the line here and get a deal done. If he is going to get a deal done, he should force something that’s both measurable and enforceable.”...

...“If you look behind the scenes, it is corporate America pushing Trump to do a deal. And it is the corporate American chieftains that have their biggest businesses, let’s say most growth, coming out of China. And China plays that card. They play it better than anybody else,” Bass told CNBC in April.

Corporate America and Democrats, the bolded should say.

[Aman A.K.A. Ahamburger]

To summarize the last two posts. Even though the SJW Obama economy was the worst in post war history, it was still the strength in the weakness. Now, even under tariffs, the US is still that same strength in the weakness. Only now, China is weaker than ever, and is out of options. While the USA has strengthened internally, and is able to shrug off the nominal growth that was coming from China during the Obama years.

Why is China weaker then ever? Not because of the usual suspects outlined in the Asian Crisis, Debt and War threads; but because of, Swine fever toll in China may be twice as high as reported, industry insiders say

Happy Birthday America!

Stocks retreat from record levels as strong jobs report puts interest-rate cuts in question