• US Manufacturing Continues To Rock And Roll Forward Despite Lockdown Fear Porn

    November 23, 2020
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    US Manufacturing Continues To Rock And Roll Forward Despite Lockdown Fear Porn
    Image by Prayitno

    U.S. manufacturing continues to roar under the recovering Trump economy, in spite of Democrat lockdowns connected to the Chinese coronavirus fear porn being enabled by the corrupt corporate media.

    Democrats are also signaling they will not compromise on stimulus for the American people; this may not matter as the economy continues to claw its way back to life.

    Financial markets are in flux after an initial morning rise as traders focus on election fraud news. Our view at CDMedia is that markets have not yet factored in a second Trump term. As battleground state election certification continues to move its way through the Constitutional process, markets could reverse course when it becomes clear a Biden presidency is a false hope.

    Eventually optimism will rise under a second Trump term but the corrupt narrative that Biden will be president has made Wall Street very happy. That happiness will have to be unwound short term.

    Chicago Fed National Activity Index (Oct) printed at 0.83.

    Markit Manufacturing PMI (Nov) PREL printed at 56.7 vs 53 consensus estimate.

    Markit Services PMI (Nov) PREL printed at 57.7 vs 55.3 estimate.

    Markit PMI Composite (Nov) PREL printed at 57.9.

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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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