Exports of goods from the United States jumped from $90 billion in May to more than $102 billion in June, an eye-popping 14-percent gain, reducing the trade deficit by six percent.

One reason for the extraordinary performance of the U.S. economy following the COVID-inspired shutdown is that Wall Street is increasingly persuaded that Trump will be reelected in November.

The recovery in housing is much more than just a recovery in housing. 

The Bureau of Labor Statistics announced on Friday that wholesale prices dropped by 0.2 percent in June. Economists were expecting an increase of 0.4 percent.

The U.S. recovery is well underway, and ahead of most economists' expectations. 

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