• [stock-market-ticker symbols="AAPL;MSFT;GOOG;HPQ;^SPX;^DJI;LSE:BAG" stockExchange="NYSENasdaq" width"100%" palette="financial-light"]

    What Recession? Markets Roar As Trump Job Machine Rolls On

    November 2, 2019
    No Comments
    What Recession? Markets Roar As Trump Job Machine Rolls On

    U.S. equity markets set new highs today as jobs data came in stronger that expected and on White House comments declaring an 'agreement in principle' had been reached with China in the trade war regarding the agriculture sector.

    October saw the American economy add 128k new jobs vs 75k consensus estimate. September’s number was revised up to 180,000 from 136,000. August jobs growth was revised to 219,000 from 168,000.

    There is no sign of the 'impending recession' the Deep State media has been pushing now for months in an attempt to weaken President Trump's popularity.

    In other news, Fox Business reported White House economic adviser Larry Kudlow said the first phase of a U.S. trade deal with China is progressing nicely, despite a news report suggesting wariness in Beijing. Although the pact is not entirely complete, President Trump has been optimistic and top U.S. and China trade officials are in the process of negotiating.

    “The agriculture chapter is virtually completed,” Kudlow said on Friday, adding that “it also will open up and reduce a lot of barriers and onerous regulations.”



    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
  • Subscribe
    Notify of

    Inline Feedbacks
    View all comments


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