As the December PMi printed higher than estimates this morning, the anti-Trump, anti-American media is busy telling their dwindling readers that…don’t worry, it’s still really bad out there…that recession is coming for sure any day now.
What the legacy media doesn’t want you to know is that the economic paradigm in the United States has changed…for the better. Consumers and producers are looking forward to the second Trump term and five more years at least of a roaring economy, friendly business conditions, cheap energy, and yes, a resumption of American leadership and power.
US Markit Services PMI (Dec) printed at 52.8 vs 52.2 consensus estimate.
Market PMI Composite (Dec) printed at 52.7 vs 52.2 estimate.
While manufacturers may have slowed last quarter as the trade war with China injected uncertainty into the market, the consumer shows no sign of slowing down, in fact, the numbers are accelerating.