Tonight President Donald Trump, First-Lady Melania Trump, Vice-President Mike Pence and Second-Lady Karen Pence, together with the cabinet, attend the 2019 Governors’ Ball in Washington DC.
President Trump delivers remarks to the audience:

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[Transcript] “This has been really a great couple of days. We’ve had a lot of fun together. We’ve gotten to know each other, we’ve gotten to like each other in almost all cases. Let’s see – one or two cases – every case. [Laughter] Every single case.
“I just want to thank Vice President Mike Pence and our Second Lady, Karen, thank you very much. And I especially want to thank our really great Cabinet for being here. We have most members of the cabinet and our great new Attorney General, Bill Barr, and Mrs Barr, thank you very much.
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{{{snicker}}} Jobs, Jobs, Jobs. Oh, remember that White House meeting with the big four German automakers [back on December 4th, 2018] that mainstream media ignored amid the fury of the, well, more popular ‘resistance’ narrative?   Yeah, THAT one.
Well, combine that US/trade White House meeting with the details within the USMCA auto-sector; mix it up a little with the initiatives and incentives for Trump’s industrial vocational apprenticeship training; give the auto actuaries a little time to crunch the numbers; let the executives settle in…. Then, fast forward a month and currently the big Detroit auto-show is happening.
Voilà!… what does Volkswagen announce?  Ahem:

TENNESSEE – Volkswagen to create 1,000 new jobs in Chattanooga expansion:
Volkswagen announces Chattanooga will be the home to the company’s first electric vehicle manufacturing facility in North America. This will be the company’s second U.S. facility.

The automaker made the announcement Monday morning at the Detroit Auto show. Tennessee Governor Bill Haslam, Chattanooga Mayor Andy Berke, and Hamilton County Mayor Jim Coppinger were all in Detroit for the major announcement.

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Earlier today President Trump signed an executive order establishing the White House Opportunity and Revitalization Council. The Council will be chaired by the Secretary of Housing and Urban Development, Ben Carson, and comprised of 13 Federal agencies.
The goal of the council will be to stop the redundancy and duplication within the federal bureaucracy, and focus on actual delivery of results to specific economic empowerment zones.

[Transcript] 2:37 P.M. EST – THE PRESIDENT: Hello everybody. Good, Tim. It’s a big day.
SENATOR SCOTT: Yes, sir.
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President Trump’s MAGAnomic trade and foreign policy agenda is jaw-dropping in scale, scope and consequence. There are multiple simultaneous aspects to each geopolitical policy objective; however, many have been visible for a long time – some even before the election victory in November ’16.
Maria Bartiromo has a view that stems from 30-years of Wall Street economic advocacy. Bartiromo reflects the most common frame of reference for almost all financial punditry. [Orange-Man-Bad-Tariffs] This perspective stems from the era when Wall Street’s economy was sold as the only model possible for the future of the U.S.  In short they were taught that a U.S. manufacturing and production economy was gone, and the only viable economic model was the “service driven economy”.  Bullshit!
In this interview U.S. Trade Council Director Peter Navarro is affirming policy to the benefit of Main Street not Wall Street. There is an inherent disconnect and conflict.

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The words from Peter Navarro will come as no surprise to any CTH reader who is fully engaged and reviewing the multi-trillion stakes, within the Globalist (Wall St.) -vs- Nationalist (Main Street) confrontation.
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The Institute for Supply Management (ISM) released their manufacturing review today highlighting continued expansion of the underlying economy.  The results today from within the overall manufacturing industry emphasize the 27th consecutive month of growth…. and a future-view that seems to be predicting much more.  Much more!

ISM Release […] Manufacturing expanded in November, as the PMI^® registered 59.3 percent, an increase of 1.6 percentage points from the October reading of 57.7 percent. “This indicates growth in manufacturing for the 27th consecutive month, led by strong new orders, production output and continued slowing supplier delivery performance,” says Fiore. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting. (more)

Okay CTH, so take the business wonk-speak out of this – what does it mean?
Here’s the summary: Manufacturers are increasing new orders (making more stuff). Production outputs and employment within the manufacturing sector are still growing. Suppliers are still having a tough time filling material orders, but they are finding new and innovative ways to speed up shipments of raw material. However, despite the speed (increased efficiency in delivering the raw material), the backlog of requests is still growing (new orders exceed supply chain). Customer inventories are too low (hence the backlog for new stuff). Inflationary pressure still exists, but the rate of price growth is slowing (increased supplier efficiency). Manufacturing exports and imports are growing. The economy is expanding.
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CTH has pointed, repeatedly, toward a very specific economic and financial dynamic  because President Trump is uniquely focused on Main Street’s “real economy“.
Everything happening in/around the financial markets is very predictable when you focus on understanding the principles of Main Street MAGAnomics and how those basic principles diverge from Wall Street’s “paper economy” (currently weighted by tech stocks).

Everything is happening in a very predictable sequence. Few understand the MAGAnomic reset and what was predicted to happen in the space between disconnecting a Wall Street economic engine (globalism and multinationals) and restarting a Main Street economic engine (nationalism/America-First).  In 2016 CTH explained where we would be today. With current Wall Street events, perhaps it is worthwhile remembering the CTH forecast.

Originally outlined far more than a year ago. Reposted by request on Oct 11th.

President Trump’s MAGAnomic trade and foreign policy agenda is jaw-dropping in scale, scope and consequence. There are multiple simultaneous aspects to each policy objective; however, many have been visible for a long time – some even before the election victory in November ’16.  What is happening within the financial markets should not be a surprise.
If we get too far in the weeds the larger picture is lost. Our CTH objective is to continue pointing focus toward the larger horizon, and then at specific inflection points to dive into the topic and explain how each moment is connected to the larger strategy.
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CTH has received multiple requests for a review of predictable consequences as a result of the midterm election.  Thankfully, and perhaps unfortunately, we have solid references to base these predictions on – because there’s a solid frame of reference from the 2006 midterm and the subsequent consequences we saw in 2007, 2008, 2009, 2010.
If we take the empirical 2006 example as the starting point and overlay the 2018 landscape to modernize the predictive model, what results is a most likely scenario.

First, any intellectually honest review must overlay the current political environment.  In 2018 the scale of unchecked lawless behavior is a significant influence toward the differences we can expect from the last time Democrat/Marxists held congressional power. The term “Democrat-socialism”, in essence a Marxist approach, is now the dominant fuel within the professional DNC  political operations.
When the Democrats last held power in 2006, their actionable objective was toward a far-left, Saul Alinsky-type aggressive tone and influence; however, there was a need to couch that intention as they positioned Senator Barack Obama for the 2008 presidential election.
In 2006 the radicals, needed to downplay their radicalism.  In 2018 the severity and aggression of the left, as assisted by the dropping of all media pretense, no longer needs to hide the intention.  When Democrat-Marxists take control in January of 2019 they no longer need to couch the extremism, the American electorate have been prepped.
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Earlier today President Trump hosted a meeting with the key administration officials executing the workforce initiatives programs.  The programs include expanded vocational training, private-public partnerships for education, and expanded investment in skills training for a modern American workforce.
The National Council for the American Worker is the executive agency tasked with execution of the policies and working with various state and local officials to help increase the skills training for U.S. workers.  With a MAGAnomic expanding economy; and with all of the subsequent jobs growth; and with a revitalization of U.S. manufacturing; the workforce initiatives are keys to sustaining successful growth for American workers.

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Today, prior to a MAGA Rally in Tampa Florida, President Trump will sign his administration’s first major Education Policy bill at Tampa Bay Technical High School and deliver remarks on the ongoing vocational/technical workforce development program.
The bill received bipartisan support in Congress and will allot $1B in grants to students receiving vocational and technical skills training to aid workforce development in the U.S. Anticipated start time 6:10pm EST
UPDATE: Video Added

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Earlier today President Trump, Vice-President Pence and NEC Chairman Larry Kudlow delivered remarks on the economy from the South Lawn of the White House:

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[Transcript] South Lawn – 9:43 A.M. EDT – THE PRESIDENT: Good morning. Moments ago, the numbers for America’s economic growth — or GDP — were just released. And I am thrilled to announce that, in the second quarter of this year, the United States economy grew at the amazing rate of 4.1 percent. We’re on track to hit the highest annual average growth rate in over 13 years. And I will say this right now, and I’ll say it strongly: As the trade deals come in one by one, we’re going to go a lot higher than these numbers. And these are great numbers.
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