January MAGAnomics – Main Street Kicks Wall Street in the Teeth: Jobs Grow 200K, Wages Grow 3%…

With the new year comes more Main Street winning; and the distinction between Wall Street’s economy and Main Street’s economy becomes stunningly clear.

The January jobs report showed a gain of 200,000 U.S. jobs, and more importantly, a 2.9% year-over-year growth in wages.  –SOURCE–  [Biggest wage rate jump since the phoney trillion stimulus-funded growth mid-2009.] We continue to remind of our two-year prediction that stunning wage growth will evidence in Q2 of 2018 (April-July)… today’s report is only the preview of that wage growth cycle.

Construction reported by the biggest gain by sector with 36,000. Bars and restaurants added 31,000 and health care was up 21,000. Manufacturing also showed a gain of 15,000 and durable goods-related industries added 18,000.

“Perhaps the biggest positive surprise on hiring is the continued surge for the goods-producing sector with manufacturing and construction leading the way,” said Mark Hamrick, Bankrate.com’s senior economic analyst. (link)

The Main Street economic engine is fundamentally detached from the drivers of the Wall Street economic engine (monetary policy).   While the paper wizards are getting kicked in the teeth, interest rate increases will not diminish Main Street gains because wage increases will remain ahead of price inflation.  Interest rate increases will, however, impact Wall Street because interest rates are monetary policy, and a great deal of Wall Street is based on speculation within the paper (false) economy.

Can you see now why we have been saying for two years MAGAnomics will draw out the new dimension in modern economics?  There is a distance between Main Street’s economic engine and Wall Street’s economic engine.  MAGAnomics operates in the space between them.

The stock market retracts today against fears of rising interest rates.  Many on Wall Street have not recognized that monetary policy will not influence Main Street growth until interest rates, and/or inflation, surpasses the rate of wage growth.   The parity within that dynamic is still about a year-and-a-half away.

If you pay attention the economic engine disconnect is visible.  Note the market schizophrenia as Gold didn’t climb while stocks/bonds dropped.

February 2018 wage growth will exceed January (driven in part by new tax rates); March will exceed February; April will exceed March…. and so on, and so on, (remember these are year-over-year comparatives).  This is the EXACT reversal of prior economic policies from several administrations that were killing Main Street.

At the very heart of America-First, MAGAnomics focuses on U.S. jobs and U.S. companies.  Investment growth drives labor demand; labor demand drives wage rates; wage rate growth increases consumer demand for goods and services; that demand drives investment; more investment is expansion of production capacity – ie. need more labor.

There will be natural price inflation to come as an outcome of Main Street’s economy expanding. However, two factors:  #1) inflation will creep slow, there’s a natural lag and built in downward price pressure within the gap of unfilled production capacity;  #2) Most importantly growth in wages will exceed the inflation rate -for approximately two years- thereby making increases in product costs irrelevant to consumer demands.

Inside this mix, off-shore manufacturers will continue trying to get their products into the hands of Americans who have more disposable income.  That unique aspect will continue to keep prices down during the phase of shifts from import manufacturing to domestic manufacturing.  Unfortunately, imports might keep GDP growth rates down – but the underlying economy will be expanding as domestic production begins to replace imports.

Ongoing financial results will be solid for companies doing business in the U.S., and actual profit results will gain market weight over speculation.   The Titans are rising.

Economic nationalism is winning…. globalism is losing…. multinationals are shrieking… paper weasels are crying…. Middle Class American workers are CHEERING!

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121 Responses to January MAGAnomics – Main Street Kicks Wall Street in the Teeth: Jobs Grow 200K, Wages Grow 3%…

  1. maggiemoowho says:

    A big THANKS to President Trump 🇺🇸MAGA🇺🇸😃👍👍👍

    Liked by 11 people

  2. LBB says:

    “The stock market retracts today against fears of rising interest rates. Many on Wall Street have not recognized that monetary policy will not influence Main Street growth until interest rates, and/or inflation, surpasses the rate of wage growth. The parity within that dynamic is still about a year-and-a-half away.”

    I was a bit surprised this was the conversation on the financial shows. They have had all their guests on for the last 6 months saying they priced it in. That they were expecting rate hikes, and were told they were coming.

    I am not concerned about the market picture throughout this year. (without knowing of any unforeseen event )

    Liked by 5 people

    • Ad rem says:

      Fetched you from the bin…. 😦

      Liked by 3 people

    • margarite1 says:

      If the rats do too well in the mid-terms then I’m worried about the market. But today I see that the rats are broke so many they’ll have trouble funding a full assault.

      Liked by 2 people

      • maiingankwe says:

        Yup, last I read they were five million and some in debt. Yay!

        I really believe they are losing their older democrats and in a big way. Plus, their sjw’s just don’t seem to have the cash to keep them afloat. Sjw’s would rather collect money than dig the change out of their pockets and hand it over. Seriously, why would they hand money back to them after getting paid from them to raise hell at whatever rally, speech, or demonstrations they are told to go to? They’re not going to fork over their hard earned money. They are under the impression they worked hard for every penny and they better be getting a pat on the back to go along with it. They’re pathetic.

        It won’t be long until they see their friends graduating and getting real jobs as well as watching family members go back to manufacturing and construction. They will see them spending money left and right and they are not going to be happy one bit. Even some of them will become disenchanted with their whole stand up and fight against capitalism when they see others having fun, going out to eat, going on vacations and so forth. Some might even be smart and join them by getting a real job and taking some pride in the work they do and the pay they get. I said some, not all, but then again, we all know what happens to the young folk when they go out and finally get a real job. They learn all about having to be independent, pay the rent, bills and so forth. Their thinking will become more conservative, it’s just the way it is and always has been.

        We will also see a lot of them finally getting kicked out of their parents basement. Being forced to grow up and not rely on their parents financially will be a yuuge eye opener to them. Getting their electricity shut off, their precious cars repossessed, kicked out for not paying the rent will open their eyes that businesses are not their parents. You don’t pay as promised you’re out. They’ll have two choices, grow up or stay angry at the big man who cut their electricity off and so forth. We will see how far this will get them, especially with our government getting smaller.

        Boy, a lot of things are changing for the good of our Nation. It’s going to be far more difficult for the Dems to keep the people at their trough when there isn’t much there. It’s going to be a pittance, and on the other side they will be seeing people take pride in their work and having the times of their lives. New cars, new clothes, renovations to their homes, the swimming pool they always wanted and so much more. So really, which side are they going to stay on? The fun side or the absolute miserable side full of anger and hate? People would rather laugh than cry if given the choice. So I truly believe we will be seeing more losses every day for the dem party. Yay! Oops, already said that, oh what the hell, YAY!!!

        🎼Better days are here again!🎼
        Sing it baby!
        And yes, my glass is always half full. Have a fabulous weekend!
        Ma’iingankwe

        Liked by 1 person

        • jbrickley says:

          In about a year, those SJW’s are going to get kicked out of their parent’s basements and told to get a job!

          timestamp 1:20 if it doens’t start there:

          Liked by 2 people

          • maiingankwe says:

            Thanks for the video. I believe I’ve seen him another time during the elections. Do you have his name by chance?

            And yes, it worked perfectly, and it started right at the marker you had placed. Well done.

            Liked by 1 person

              • maiingankwe says:

                Oh my gosh, I was making dinner and listening to his stand-up comedy. I was cutting up the onions and would have to pause since I was laughing so hard and tears were in my eyes. My daughter came in to see what the heck, and then my husband came in to see what the heck, and they couldn’t understand how cutting onions could be so darn funny. It was then I pulled off my ear buds. I must’ve looked like a right nut losing it, but I didn’t care, it was just too darn funny.

                I found it on my husband’s phone, so he could listen to it on the way to work. I didn’t think the language was twelve year old appropriate.
                Thank you, that was fun.
                Stay smiling,
                Ma’iingankwe

                Liked by 1 person

    • todayistheday99 says:

      I would not put it past the deepstate/establishment to attempt to induce a major market crash or some economic disaster to make Trump look bad prior to the midterm and the 2020 elections. However I don’t think that they could do it without risking/costing a ton of money or getting caught, but I would bet they are evaluating every evil plan they can think of.

      Like

      • Jenny R. says:

        Don’t think they would do it now — they will rely on their local organizations to carry midterms. The reason I think this is, that economic disaster so quick on the heels of the tax cuts and less unemployment couple alongside the Dem shutdown would not be beneficial for them.
        I’m thinking 2020. They will want to sweep those — with a brand new batch of brand new Democrats; the party schism isn’t fully complete yet…they are going to go full blown, hardcore leftist in the next few years methinks (going to be some scary, scary dudes brought to the forefront of the DNC in the next 10 imhao — we have not seen anything yet!). They are going to wait for some of the old neoliberals (rather like neocons) to die off/fade away. I think this is some of the behind the scenes maneuvering going on right now — and they will not have a problem with some of the old guard getting taken out by the Trump GOP (that is likely one of the things that is causing some caution…imhao).

        Like

      • collielady says:

        George Soros could do it. Would love to know how he is invested. He could afford to sell of a lot and cause a major crash.

        Like

      • jbrickley says:

        There ya go… Dow is down 1,175.21 as of today and -666 on last Friday. They say its the potential for coming inflation. It is more likely the market correcting itself since this is the first time in over a decade they’ve had to deal with real facts… It will go back back up because it will have to do to all the WINNING. It’s just a huge sell off.

        Like

    • Our betters gave us a face slap today with a 666 point rout in the Dow. I don’t for one second think that what happened in the market today was normal market action. It was mighty convenient to have a meltdown right when the FBI poop hit the fan.

      Remember the texts between Stroke or whatever his name is and his horse faced adulteress? They were very pleased that their bullbleep affected the market.

      I recall talking to a sneaky Special Agent with the FBLie about an indictment he worked on against a national builder. He was mighty pleased that his little self advancement stunt hurt the market. Whether actual people lost money and or were hurt was of no consideration to him. I’m telling you the FBLie is chock full of rats. No way poop doesn’t flow down hill. That entire organization is corrupt to the core.

      Furthermore I’m sick of the “conservative” commentariet covering for them. Why again do we need a Federal Centralized police force?

      Liked by 1 person

    • Our betters gave us a face slap today with a 666 point rout in the Dow. I don’t for one second think that what happened in the market today was normal market action. It was mighty convenient to have a meltdown right when the FBI poop hit the fan.

      Remember the texts between Stroke or whatever his name is and his horse faced adulteress? They were very pleased that their bullbleep affected the market.

      I recall talking to a sneaky Special Agent with the FBLie about an indictment he worked on against a national builder. He was mighty pleased that his little self advancement stunt hurt the market. Whether actual people lost money and or were hurt was of no consideration to him. I’m telling you the FBLie is chock full of rats. No way poop doesn’t flow down hill. That entire organization is corrupt to the core.

      Furthermore I’m sick of the “conservative” commentariet covering for them. Why again do we need a Federal Centralized police force?

      Like

      • Cuppa Covfefe says:

        If that number of points is the real number of the fall, then that was a manipulated total, and signaling from the deep swamp… sounds like they’re hurting.

        They always go by the numbers, e.g. 3,7,9,11,13,18 and multiples thereof…

        Like

  3. lisabrqwc says:

    Bigly baby! (I think I’m in the bin agin :D)

    Liked by 2 people

  4. Ziiggii says:

    NAFTA news… Canada is saber rattling:

    Canadian Prime Minister Justin Trudeau said Friday that he would do what was best for his country when it comes to NAFTA renegotiation, even if it means walking away from it.

    https://www.politico.com/story/2018/02/02/nafta-canada-trudeau-mexico-387991

    Liked by 6 people

  5. fleporeblog says:

    Folks I report nearly everyday about the Economic Train! There is absolutely NOTHING the Democrats, MSM, CoC, Big Club, RINOS, Globalist etc. can do that will be able to stop it. Americans are waking up each and everyday. The data that has come out recently shows tremendous swings in public opinion about our President but more importantly about his Economy.

    From the article linked above:

    The Survey of Consumers, a closely-watched gauge of consumer sentiment, climbed even higher in January to 95.7, up from 94.4 and beating the 95.0 median forecast.

    Liked by 13 people

    • lisabrqwc says:

      I adore your posts, flep!!

      Liked by 6 people

    • fleporeblog says:

      Barry’s minions are completely destroyed with this 58 second sound bite from Gary Cohn:

      Even FAKE NEWS CNN can’t kill the narrative this morning:

      The BLUE WAVE has hit the killer of all waves and that is the Economic Train!

      The RNC has $39 million dollars of cash on hand versus $6.5 million dollars for the DNC. Americans are excited about the direction our country is going in & they realize that the RNC is PDJT’s Party.

      I could go on & on but I think you get my point!

      Liked by 14 people

        • LBB says:

          Trump team is definitely on the upswing. Measurably.

          Liked by 3 people

        • Flep, I’m the first to argue for 4% GDP this year and 5% next given the fundamentals and anticipated additional trade deals & sanctions.

          When I saw the Atlanta Fed announce projected 5.4% Q1 growth, more than doubling Q4 growth, it left me scratching my head over the “180”.

          Cohn mentioned “inventory draw-down” but NO ONE latched onto it to seek further understanding.

          I think the pending tax cuts of 40% triggered companies to IMMEDIATELY rethink order-shipments:
          • They postponed Q4’s December shipments until January 1st, pulling Q4 growth down to 2.6% and boosting the Q1 growth projection to 5.4%, averaging out to EXACTLY 4%.
          • December revenue that would have been taxed at 35% became January revenue taxed at 21%. YUGE windfall.

          We could expect Q2 growth to smooth out back to the 4%+ range as companies readily add 2nd and 3rd shifts to underutilized factories and construction season kicks into overdrive for plant expansions, automation and plant relocations from abroad.
          • YUGE windfall from immediately-expensed CAPEX.

          Liked by 5 people

        • Oh, and that decline in the Savings Rate comment in your thread reader?

          I speculate that with extra cash, consumers are seeing Rising Interest Rates and paying down credit card debt (at insane interest rates) with their combined bonuses, raises and anything that would have gone into savings. We may be seeing a bit of a shift from credit-debt to cash-payment consumer purchases.

          Anyone notice that the stock price for Visa took it in the ear today?
          (Mealy-mouth announcement that revenue growth might not be sustained. Duh.)

          Liked by 4 people

      • Cuppa Covfefe says:

        The DNC may have $6.5M COH, but they also have over $6M in outstanding debt. So they’re circling the drain with $500K COH. I heard they were down to their last $200K…

        Hey DNC, don’t forget to clean the ring around the tub before you’re all the way down the drain…

        Liked by 2 people

    • Minnie says:

      Thank you very much, fle, your posts are always enlightening, educational and MAGAnificent!

      Keep them coming! 🙂

      Liked by 3 people

  6. freddy says:

    So what happened today with a 600 point drop. Have they weaponized the market. Funny on the State of the Union down 300 . With the release of the memo they went all out nad crashed 600 points…..Obviously something is happening that is very concerning and needs to be checked. Who made trades today and push. It stinks no…..

    Like

    • lisabrqwc says:

      Breathe, baby. It’s all good.

      Liked by 5 people

      • Eric C. says:

        I agree, great time to buy if you happen to have your contribution to 401k or IRA auto-draft. Slow and steady wins the race. There will be some sell offs periodically but the trend with be up. The market can’t go up everyday.

        Liked by 5 people

    • fleporeblog says:

      Freddy it is a weird phenomenon taking place! The market responded negatively to the fact that 1) the economic numbers from today and the fact that the economy is doing so well and 2) the 10-Year Note is continuing to go up pretty rapidly (currently siting at 2.83%) which is bad news for the Stock Market. 3) Also the reality that there will be 3 if not 4 interest hikes of 0.25% by the Federal Reserve given how well the economy is doing.

      https://www.wsj.com/articles/u-s-government-bonds-fall-after-rising-wages-signal-inflation-risks-1517581691

      From the article linked above:

      U.S. government bonds fell sharply Friday, extending a run of weaker prices that began at the turn of the year, after a Labor Department report signaled that a tight jobs market is starting to produce pressure for higher inflation.

      The yield on the benchmark 10-year note posted its biggest single-day climb in four months, settling at 2.852%—its highest level in four years. The 10-year yield was 2.773% Thursday. Bond yields rise as prices fall

      Liked by 3 people

      • FL_GUY says:

        I could do without interest rate hikes. That is a system that doesn’t work as claimed and it hurts the little guy like me.

        Liked by 2 people

        • fleporeblog says:

          Your right! It is completely counterproductive because the intention is to keep the economy down and from not exploding. I think they never raised it once under Barry. I think they have already raised it 3 times in 2017 under our President!

          Liked by 2 people

          • fleporeblog says:

            Liked by 6 people

      • rf121 says:

        With all the profits we were due for a correction. The interest rates do need to go up. They have killed those fixed income investors for the past 20 years. But I do not trust the Fed as they will raise rates per politics, not economics.

        Liked by 7 people

        • fleporeblog says:

          Hopefully with our President’s pick (Powell) leading the Fed, politics will not play a major role.

          Liked by 3 people

          • I think we’re seeing the market driven by “coordinated” program trading:
            Seems like they may all be using very similar analytics, if not “shared services”.
            Notice how smoothly the Dow dropped.

            Liked by 2 people

          • An American says:

            Fle, so how significant is a 600 point drop? If the market was at 8000 and there was a 600 point drop that would be one thing, but a market at 26 k and has a 600 point drop, to me that’s like a knat’s ass. But to listen to all the experts, the sky may be falling. bs..IMO.

            Liked by 1 person

            • MAGADJT says:

              You have to remember that it has gone up 40% in 12 months. That is like a rocket compared to what people have been used to for the past 10 years. Market is probably nervous, and looking for a reason to take profits. Wage gains scare the market about inflation and interest rate increases, but once they get used to it they will be fine. When I started in banking in 1998, a 30 year mortgage was over 6% and people got mortgages and houses sold just fine.

              I’m more concerned about how we will pay interest on $20T in debt at 2-3% higher rates. That’s $400-$600B extra dollars in debt payments each year; where are we going to get that kind of money? That’s as much as the entire defense budget. Have to hope many more people working and paying taxes, plus far less drawing on entitlement programs will help make the difference.

              Liked by 2 people

            • fleporeblog says:

              Your absolutely right! At 8,000 they would have called yesterday Bloody Friday. At 26K, it is considered a hiccup.

              Like

      • todayistheday99 says:

        Any speculation how far interest rates can rise in the coming era of 4+% gdp growth or will they try to keep interest rates low in order to keep down the cost to the Obama debt?

        Liked by 2 people

    • Michael says:

      Talk about market disruption.
      Amazon, JPMorgan and Berkshire Hathaway to build their own healthcare company.
      Sorry about long cut/paste but this is YUGE.

      Health care company shares drop sharply on entry by Amazon, Berkshire Hathaway and JPMorgan

      Published: Jan 30, 2018 7:37 a.m. ET

      By
      Emma
      Court
      Reporter

      Shares of companies across the health care industry, from health insurers to distributors, pharmacy-benefit managers and drugmakers, dropped in premarket trade on Tuesday after Amazon AMZN, +2.87% Berkshire Hathaway BRK.A, -3.55% BRK.B, -3.74% and JPMorgan Chase JPM, -2.22% announced plans for a new company to improve their employees’ health care. The news hit pharmacy-benefit managers, pharmacy chains and drug distributors among the hardest, with CVS Health Corp. CVS, -2.97% shares dropping 7.6%, Walgreens Boots Alliance WBA, -3.29% shares dropping 5.7%, Express Scripts Holding Company ESRX, -2.05% dropping 4.8% and Cardinal Health Inc. CAH, -2.32% shares dropping 4.3%. Several health insurers’ shares also fell significantly, including UnitedHealth Group UNH, -1.42% which dropped 7.2%, Anthem Inc. ANTM, -1.95% which dropped 7%, as well as Aetna Inc. AET, -1.28% and Humana Inc. HUM, -1.17% The moves reflect investor concerns that the Amazon, Berkshire Hathaway and JPMorgan initiative could shake up the status quo, especially given the three companies’ large size and influential nature, and the potential interest of other employers in joining them. U.S. health care costs continue to rise year over year despite efforts to curb them, and many experts believe the fault lies with too-high prices. The SPDR S&P Biotech ETF XBI, -1.84% declined 1% in premarket trade, as did the Health Care Select Sector SPDR XLV, -1.41% Shares of the ETFs have surged 15.5% and 12.3% respectively over the last three months, compared with a 10.9% increase in the S&P 500 SPX, -2.12% and a 13.2% rise in the Dow Jones Industrial Average DJIA, -2.54%

      Liked by 1 person

      • Watch how fast Amazon moves into pharmaceutical distribution FIRST:
        • Buy a current Distributor “on the cheap” for the processing systems
        • Tens of millions of “instant registrations” with Amazon’s consumer reach
        • Prefereed shipping rates with Amazon’s massive volume
        • Shared-shipment savings, piggybacking on consumer-product deliveries
        • (RE)IMPORTATION of Prescription Drugs from foreign countries enjoying lowest-global pharma prices while America’s premium prices subsidize both R&D and foreign countries
        • Trump’s HHS would do handsprings to approve Amazon’s low-cost, high-service Prescription Drug Service

        Amazon will then be positioned to offer KILLER Deals on One-Stop Healthcare:
        • Buy a current Healthcare Insurer “on the cheap” for the processing systems
        • Set up minimalist-coverage and tailored-coverage Insurance offerings
        • Pharmacy customers are then converted to enroll in Amazon’s Healthcare Association
        • Leverage Amazon’s product-rating feature for Healthcare Plans to attract enrollments
        • Combine pharma-distribution cost advantage with limited-service healthcare cost advantage for an unbeatable combination.

        Like

        • Minnie says:

          As tempting as that appears, BKR, and it is tempting, do we want Amazon in our lives to that degree?

          What’s the trade off?

          Thank you.

          Like

          • No, but Amazon is an insatiable beast, and no one seems to be able to come close to matching them.

            I’m betting on some antitrust actions during President Trump’s second term, but those might only be possible with Amazon misbehavior.

            Liked by 3 people

            • Minnie says:

              Thank you.

              Liked by 1 person

            • Michael says:

              What Walmart did to local shopping.

              What Amazon did to Walmart AND local shopping it will do to the medical/industrial mafiya.

              Do I want Amazon in my healthcare?
              Nope but the medical/industrial mafiya will get competitive or die.

              The Root Cause is gvt interference in the marketplace!

              Liked by 1 person

              • President Trump needs Market-Cabal BUSTERS, and Amazon might just be the first, biggest and baddest of them all. Stocks of Insurers and Pharmaceuticals are previewing the outlook for their profitability, which unfettered competition should share with we consumers … BIG LEAGUE.

                Like

    • Yes, horrible….. We are back to 3 weeks ago…. Yawn.

      Like

  7. Pam says:

    Other than the weirdness of wall street today, I wanted to pay extra attention to the jobs numbers because these were post Christmas new year figures since January is the month when most folks are paying off Christmas purchases. 200K isn’t anything to sneeze at and is pretty good. The dems aren’t just freaking out about the release of a memo. These kinds of figures are scaring them to death. Once we start truly figuring in tax cuts which are raising salaries and creating jobs, then it will look increasing foolish for Pelosi to be calling $1K bonuses crumbs. 😉

    Liked by 6 people

  8. Sam says:

    Sundance is a old hermit in Florida somewhere. When he’s gone I don’t know who’s going to explain all these thing for us. 🙂

    Liked by 1 person

  9. Abster says:

    President Trump is the best leader evah. America is coming alive again. Thank you, Mr. President. May God bless you always.

    Liked by 2 people

  10. apfelcobbler says:

    Not only is there going to be more coming out as a result of today’s memo, but just think of how much was probably going on in addition to all of this, that we will never know about – Church Committee 2 may be required! We are seeing the left (what’s left of it) collapsing under its own weight! The Chapstick SoyBoy really typifies their desperate flailing around.

    Who realized the depth to which the “resistance” was willing to go? Even as their leadership have the masks of respectability ripped off, we would do well to remember they fight dirty as a matter of course! Whatever defense they build, there’s going to be a lot more under the surface as they go about defending their actions and discrediting anyone in their way. They have shown they will not surrender in the face of truth, so who knows what kind of nonsense they are cooking up as we speak.

    Melanie Philips (UK) has so many powerful observations about the complete intellectual vacuum upon which today’s left is operating. The first 8 minutes covers everything really well, if you don’t have time to hear the whole thing:

    Liked by 4 people

    • apfelcobbler says:

      Darn it, I posted this into the wrong window on my phone … it was destined for the Brett Baier post! My apologies for spazzy fingers!

      Like

      • GrandpaM says:

        I enjoyed watching it. Thank you!

        Liked by 2 people

      • southernblondesite says:

        Enjoyed watching her speak about her transformation from a liberal to someone who now rejects liberal ideology and how she so succinctly and clearly describes how flawed liberal ideology is. Her analysts of liberals is so insightful and spot on. I believe its because she was once a liberal and therefore she understands their fundamental thinking process and she can dissect the craziness behind their thinking.

        Like

    • Kent says:

      Excellent commentary, Cobbler…thank you for this link to a wonderful thinker!…she’s a brilliant observationist…..

      (i’m smothered in working hours now…but I will seek more of her comments at a later date)……..her discussion of her evolution to critical thinking from leftist ideological influences is wonderful…but that I had such education…

      “the purpose of the abuse is to shut down the argument”….that’s the real world I deal with…noise trumps knowledge…

      Thus the battle rages…..

      Liked by 1 person

    • Thanks very much for sharing this. What a wonderful, clear thinker. I am ashamed to say that I never heard of her. Must read more of her stuff.

      Like

  11. GrandpaM says:

    Thank you, God for giving us PDJTVSG, and thank you President Trump for responding to God’s call! We are ba-a-a-ack!

    Liked by 2 people

  12. NJF says:

    Here’s the full Cohen clip with Varney. About 9 minutes.

    http://video.foxbusiness.com/v/5724786944001/?#sp=show-clips

    Liked by 1 person

  13. Nessie 509 says:

    Never thought I’d live in a time when the Fed raised interest rate so many times in so little time.

    Like

    • What would happen to Fed power if Americans repatriate $4 Trillion to replace the $4 Trillion in Fed funds that they’re allegedly thinking of retrieving?

      As America increasingly secures its place as the “most hospitable place on the planet for investment”, not to mention the best opportunity on the planet to displace former-imports with domestically-produced goods, there may be PLENTY of funds available for loans without pump-priming from a high-priced Fed.

      Liked by 2 people

      • Jacko says:

        I have been praying for a reversal of the globalist agenda for many years, having been globalized out of a number of senior Eng/IT jobs in recent years. While everything that is happening all sounds great, I am very concerned about severe market pull backs and rising rates. I come from Oz, over here everyone’s Superannuation ( compulsory retirement savings ) is tied into the markets. We don’t have any FANG stocks. Our market is just mainly dividend paying….so a lot of retirement savings are going to be destroyed with plunging markets. How will all of this impact the rest of the worlds markets??

        Like

  14. dufrst says:

    Bring the jobs back! Fair and reciprocal trade will keep inflation at bay! The big aspect of the tax reform that will have a big impact is capital expensing. This will drive productivity growth. The new investment happening across the country will start to show up in the productivity numbers and that will put the lid on inflation.

    The market right now is correcting for new interest rate reality but ultimately profits and profit expectations drive the stock market. Profits will grow tremendously this year with growth in the economy and investments being made in the country due to the tax cuts will yield big returns in productivity, making companies more profitable while raising wages. Win-win! MAGA!!

    Like

  15. simicharmed says:

    LMAO! The Democrats and their broke DNC have been OPPOSED to every part of rebuilding and solidifying the United States of America! What happened?

    Like

  16. ltravisjr says:

    I am still not sure how to interpret the 600 point drop today in light of all this. This is a really naive question, but our retirement plans *are* Wall Street investments, aren’t they?

    Like

  17. Giant Ground Sloth says:

    This is basically what I thought would happen, and it’s why I didn’t want the President to talk so much about the stock market indices being at new highs. A stock market correction was inevitable. It wasn’t just going to keep going up forever.

    Like

  18. trumps reality says:

    Time for some inflation!?

    Like

  19. Kent says:

    I know what a billion $ being built looks like…I run it every day…or night.

    Keep our jobs here…WE…as in USA…are the Light of the World…People DIE trying to get here…

    We can help them IF we are strong…and ONLY if we are strong…

    And honest.

    This is our nation…

    These are our industries….these are our technologies and processes…these are our intellectual properties….

    We can share…but WE must remain strong….

    We are not a race…we are a nation…..

    And we MUST shed the anti-American hold on our media..

    WE….

    must seek and demand the Truth…

    Thank you CTH….you are the candle in the storm…

    Shine on………………

    Liked by 6 people

  20. I see this: “U.S. Q1 GDP growth forecast of 5.4%, wage increase of 3%, 200,000 new jobs”

    I read this: “RNC doubles DNC fundraising, DNC $6.5M on hand, $6.1M in debt”

    I think of this: “They dig a deep pit to trap others, then fall into it themselves.” ~ Psalm 7:15

    #MoreWinning 😉 😀

    Liked by 4 people

  21. fleporeblog says:

    Liked by 1 person

  22. solomonpal says:

    MY son is a pipewelder in his 20’s. He says jobs are cranking up everywhere. He’s never seen anything like it. He says in 2 months it will be insane.

    Liked by 3 people

  23. The God Emperor and his minions have struck once again! And because they have, my main business and my fledgling little mini-business have sunny skies ahead! #MAGA

    Liked by 3 people

  24. saywhat64 says:

    Ten year Bond Yields approaching 3.0 and 2018 possibly being the year in which the Fed starts actually liquidating it’s balance sheet. The economy may do great but the stock market is headed for a major correction…

    Like

  25. Timmy-the-Ute says:

    Thank you SD for this tread. There is a big disconnect in the markets.

    Liked by 1 person

  26. Wiggy says:

    The only problem with this news is that the pressure to admit sketchy immigrants will increase.

    Liked by 1 person

  27. lorenetn says:

    Remember under O the “job growth” was so often government jobs. Now with POTUS Trump we are growing public sector jobs, big league. Haven’t heard anyone making that comparison. If you take out O’s government job growth the difference would be even more pronounced.

    Liked by 2 people

  28. BigJake says:

    Just got a three percent raise. Was hoping for more but I won’t look a gift horse in the mouth.

    Liked by 1 person

  29. jeans2nd says:

    “imports might keep GDP growth rates down”

    Perhaps not quite as much as one might suppose.
    That ultimate of consumer targets, the millenials, here on the North Coast have wanted to Buy American for years.

    With a teensy bit more pocket cash – tax reduction, wage growth – and a teensy bit more “Made In America” goods available, one might wager on the psychological benefits of those dynamics and see less of an impact on GDP.
    Hopeful, anyway.

    Liked by 1 person

  30. PDQ says:

    Except for GE – and here’s why – more LEGACY effects:

    The decline and fall of General Electric, the poster child of Obamanomics
    by Timothy P. Carney | Jan 23, 2018, 11:07 PM

    http://www.washingtonexaminer.com/the-decline-and-fall-of-general-electric-the-poster-child-of-obamanomics/article/2646900

    Too bad leadership followed the pied piper to the depths of doom.

    Liked by 1 person

  31. Cat Lady says:

    Market schizophrenia has also been evident for several years in the oil price. Years ago, when the oil price would increase, the Dow would decrease (higher cost of doing business), and vice versa. A counter-cyclical relationship. For the overall business sector, lower prices were a good thing (excluding oil and gas producers, of course). The last several years, there’s been way too much excitement over “oil price rallies” (WTF) plus the traditional counter-cyclical relationship is gone. Too much influence from oil price speculators and day traders!!!

    Like

  32. TwoLaine says:

    I love the title!

    STABLE GENIUS: Trump Jacks Up Tariffs On Solar Panels. Here’s How China Responded.
    by Ryan Saavedra
    30 Jan 2018
    https://www.dailywire.com/news/26510/stable-genius-trump-jacks-tariffs-solar-panels-ryan-saavedra

    Like

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