The Trump 2020 Economic Recession Isn't Happening

President Donald Trump smiles while speaking at a rally at Resch Center Complex in Green Bay, Wisconsin.

Household debt of equivalent income was over 144% 10 years ago and is now at 99%, according to Federal Reserve data. Even without Americans shopping with reckless abandon, the stock market made a new high for the year last week. And while the S&P 500 is a poor indicator of the true economic sentiment on Main Street, Wall Street’s confidence is telling. It tells us that big investors believe the Fed’s dovish tilt means no rate hikes this year. Three to four hikes were expected back in January.at the October 2019 Fed meeting.

The Fed’s decision to put rake hikes on hold allowed the Republican tax cuts to work into an economy no longer threatened by a more contractionary rate policy. Today, rate hike probabilities going into January 2020 are at zero. Unemployment under 4% is good for Trump's rhetoric of putting women, minorities and job-thirsty working class Americans to work. All of that improves his odds of reelection in 2020, despite generally weak approval numbers.

Monthly Chinese PMI data gets updated on Tuesday. Investors will be looking for confirmation of the stabilization thesis in China, which will have ramifications for Asia, the world's largest consumer market.

There you go! About time for this other fake news promoter to align with the TRUTH! Trump is working for every american. His common sense policies are working.

I certainly hope not.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Trump 2020 Economic Recession Isn't HappeningSorry haters, the economy is still keeping Trump's 2020 hopes alive. Our ozone is melting, and we are to blame. I don't think our government cares. You might want to ask yourself how the middle and lower classes are doing after tax day. Wait wait wait, what? So this bubble is going to keep going? What? I don't understand... Are you pandering, or is all of the evidence from the past flat-out wrong? It's not a 'Trump 2020 Economic Recession,' moreso it's a 'this was going to happen because the cycle of things...'
Source: Forbes - 🏆 394. / 53 Read more »

The Trump 2020 Economic Recession Isn't HappeningSorry haters, the economy is still keeping Trump's 2020 hopes alive. BRICBreaker Terrible article, reinforced by the severe lack of spellcheck. The economy was already on the mend when Trump won the elections,supposedly. The recovery was started by Obama and Trump as usual is taking the credit.He can't even spell the word Economy!! We have real brains in the White House now
Source: Forbes - 🏆 394. / 53 Read more »