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#11 | |
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Gamebreaker
Join Date: Apr 2006
Posts: 14,603
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Re: When is Enough ,Enough?
Quote:
Lets look at trump s hiring............. Donald Trump: Boeing Factory Announced Layoffs Final round of layoffs planned at Carrier plant Trump promised to save - Story | WTXF Wall Street. https://www.npr.org/2017/07/20/53835...-a-trump-rally From July "But there are other forces driving the stock rally "that are not attributable to Trump, at all," Siegel says. One is faster global growth. That, combined with a recent decline in the value of the dollar, has sparked more demand for U.S. goods abroad, helping boost U.S. company profits. "Almost 40 percent of the profits of S&P 500 companies come from abroad," Siegel says. So, a stronger global economy is boosting U.S. stock prices. U.S. growth is still sluggish — a 1.4 percent rate in the first quarter — and far below the Trump administration's goal of 3 percent.
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....DISCLAIMER: All of my posts/threads are my expressed typed opinion and the reader is not to assume these comments are absolute fact, law, or truth unless otherwise stated in said post/thread. |
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