Continuing to look at the new economy through the prism of the new dimension, CTH notes the manufacturing landscape is shaping itself as predicted.  However, the disclaimer should also be noted that most economic observers are stuck in old economic paradigms.

[…]  The Institute for Supply Management said Monday that its manufacturing index rose to 57.8 last month from 54.9 in May. Anything above 50 signals that factory activity is increasing. The measure now stands at its highest level since August 2014, pointing to solid economic growth. (link)

Overall the trend-line is very positive for a resurgence in U.S. manufacturing.  According to the report fifteen of the eighteen manufacturing industries surveyed posted growth in June.  Those gains included: furniture, machinery, fabricated metals, petroleum and coal sectors. One transportation equipment firm surveyed for the report said “demand is up 5 to 7 percent.”

The manufacturing base is responding (via investing) to predictable market patterns.  However, the rate of response (production investment) will increase in direct proportion to the upcoming (late summer) trade negotiations.  Please keep that in mind.

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President Trump’s EU strategy is swimmingly effective. Truly, President Trump’s multinational approach is jaw-droppingly transparent (they’ve obviously never read any of Trump’s books), and today France’s Emmanuel Macron showed just how thoroughly disconnected he is from understanding his own position.

Wunderkind Emmanuel Macron, following the exact same advisory recommendations which planted egg on Obama’s face, threatens Vladimir Putin and Bashir Assad with a red-line of military action if chemical weapons are used in Syria:

“Any use of chemical weapons would results in reprisals and an immediate riposte, at least where France is concerned,” Macron said, standing next to Putin in the Versailles palace outside of Paris.  (link)

Emmanuel Macron threatening unilateral action if Syria’s Bashar Assad uses chemical weapons? Hilarious, if it wasn’t so substantively dangerous.

The orbit of influence surrounding the wunderkind (all caviar liberal socialists) have convinced Macron that now is the time to project a strong EU image to compensate for President Trump’s bold stance pointing out the EU need to step out from behind the skirt of NATO and provide for their own defense.  Politically, Macron’s yapping might play well with a domestic or EU centric audience…. (more…)

Germany’s Chancellor Angela Merkel is at the root of the European Union’s most terrible policies, both financial and social.  However, her life-skills within EU politics have refined her instincts at playing the wounded indian routine to avoid responsibility in the aftermath of the consequences.

In addition Merkel points the finger at others never taking ownership of the catastrophic outcomes from her expressed socialist and left-wing multicultural policies.  The economic migrants from the Mid-East and North Africa flooding the EU are the most visible example.

The conversations at the most recent G7 summit displayed an intensely smart and strategic approach by U.S. President Donald Trump in that he accepted the EU positions that enhanced their vulnerability (collective trade) and yet refused to accept EU positions that would have weakened U.S. economic outcomes (ie. climate agreements).

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Leaders of the G7, a finance-centric geopolitical group of international leaders, issued their joint summit statement on Saturday.  U.S. President Donald Trump refused to align the United States with the joint declaration pledging commitment to the Paris accord on climate change.

[Page 6 pdf below] …”The United States of America is in the process of reviewing its policies on climate change and on the Paris Agreement and thus is not in a position to join the consensus on these topics.  Understanding this process, the Heads of State and of Government of Canada, France, Germany, Italy, Japan, and the United Kingdom and the Presidents of the European Council and of the European Commission reaffirm their strong commitment to swiftly implement the Paris Agreement, as previously stated at the Ise-Shima Summit.”

President Trump tweeted at the conclusion of the G7 Summit:

The full summit agreement is below:

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After the conclusion of the G7 summit, President Trump and First Lady Melania Trump deliver remarks to U.S. military personnel at Naval Air Station Sigonella before leaving Italy and returning home to the U.S.

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…those NAFTA renegotiations are going to be so much fun:

“I’m too sexy for my socks”…

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At the ancient Greek Theater in Taormina, Italy.  G7 leaders, their spouses and other EU summit caviar socialist officials attend a sunset concert by La Scala Philharmonic Orchestra.

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It is almost unfair to present a compare and contrast amid various power-play scenarios when the characters within the comparisons are titans of industry and the puppets known as politicians.  Rex Tillerson, Wilbur Ross, Steven Mnuchin and Donald Trump will forget more about titanic power-playing warfare than any of their current political colleagues will ever know; it’s the underpinning of their capacity to outwit all opponents.

The inequity factor increases when the worlds merge and one of the most instinctually well versed industrial titans decides to enter the sphere of politics.  However, when the life-long instincts of the Titanic spouse(s) are contrast with the spouses of the professional political class, well, the inequity of the dynamic rises exponentially.

It is not coincidental that amid the G7 group Prime Minister Shinzo Abe and President Trump are both friends, giants in capitalistic enterprise, and -quite simply- in a league of their own.   The same exponential contrast of significance exhibits itself with first spouses Melania Trump and Akie Abe.

While Canada’s Justin Trudeau and France’s Emmanuel Macron, brothers in skinny jean modern metrosexuality and pajama-boy-ism, try desperately to appear as though they deserve a place at the G7 grown-up’s table, the optical contrasts amid the spouses are necessarily synonymous.

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The G7 is a financial-centric group of world leaders from seven countries which expanded to include the interests of the European Union:  The United States – President Trump; the UK – Prime Minister Theresa May; France – President Emmanuel Macron; Germany – Chancellor Angela Merkel; Japan – Prime Minister Shinzo Abe; Canada – Prime Minister Justin Trudeau; and Italy – Prime Minister Paolo Gentiloni make up the central nations.

The European Union is additionally represented by Council President Donald Tusk and Commission President Jean-Claude Juncker.

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President Trump and First Lady Melania Trump arrive at Sigonella Naval Air Base en route to Taormina Italy for the G7 Summit:

The President and First Lady will fly to Taormina, via helicopter.

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