CD Media

Market Rebounds On Likely Trump Victory

Market Rebounds On Likely Trump Victory
Screenshot Youtube

Equity markets are up over two percent at time of writing as the likelihood of a Trump victory in today’s presidential election grows stronger. The enthusiasm is off the charts in GOP areas, and also in neighborhoods of ‘the forgotten man’ of the American working class, as shown above in Pennsylvania.

Factory orders reported this morning beat lowered estimates and business conditions showed an increase in positivity.

The corporate business media is trying hard to hide the welcomed economic news, as well as the enthusiasm for a second Trump term.

If a Trump win is confirmed in the next few days, business leaders could unleash a wave of new spending and markets will move much higher on expectations of much higher economic growth.

Factory Orders (MoM) (Sep) printed at 1.1% vs 1.0% consensus estimate.

ISM-NY Business Conditions Index (Oct) printed at 65.1.

Related posts

The End Of The Gold Standard – Fifty Years Of Monetary Insanity

CD Media Staff

It’s Official We’re In A Recession And It’s Official OBiden Is Destroying Our Economy – This Doesn’t Happen Through Incompetence, It’s Planned

CD Media Staff

Big Move To Downside For Russian Ruble


Leave a Comment

Subscribe to our evening newsletter to stay informed during these challenging times!!