• What Recession? Jobs Blowout, Unemployment Down, Earnings Up Strong Year Over Year, Stocks Rocket

    December 6, 2019
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    And The Dems Want To Impeach This President?

    What Recession? Jobs Blowout, Unemployment Down, Earnings Up Strong Year Over Year, Stock Rocket
    The Humors of the presidential campaign in New York City. A political procession passing down Wall Street-an avalanche of telegraphic tape 

    The Democrats are trying to impeach a president who has transformed the economic landscape in the United States. Think about that for a moment.

    In the face of the constant 'recession' narrative pushed by the talking heads in the corrupt media, you'd never know the real state of the American economy -- it's taking off like a rocket.

    Stocks rose across the boards Friday.

    Non-Farm Payrolls (Nov) printed at 266k vs consensus estimate of 180k.

    Average Hourly Earning (YoY) (Nov) were up 3.1%.

    Labor Force Participation printed at 63.2 vs 63.3 estimate.

    The Unemployment Rate came in at 3.5% vs 3.6% estimate.

    Wholesale Inventories printed at up 0.1% vs 0.2% estimate.

    Michigan Consumer Sentiment Index (Dec) printed at 99.2 vs 97.0 estimate.

    In short, the Trump economy is rocking and rolling right along.

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    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."
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