Stock prices were predicted to drop after Donald Trump won the election a year ago, but the Dow has risen 5,000 points since then. Trump is taking the credit, but investors been focusing on company sales, profits, and earnings.
One measure of how the U.S. economy continues to exceed expectations is the Economic Surprise Index published by Citigroup, which is used to measure how the economy compares to those expectations. At the moment at least, it reflects the ebullience reported elsewhere.
Those in favor of continued government support for ethanol are angry with President Trump and his EPA director, Scott Pruitt.
"Carpe Diem" should be Carbondale's motto, as it has indeed "seized the day" in terms of making the most of profiting from the solar eclipse.
Within 15 minutes of Friday morning’s release of the July jobs numbers by the Bureau of Labor Statistics (BLS), President Trump tweeted: “Excellent Jobs Numbers just released — and I have just begun. Many job stifling regulations continue to fall. Movement back to USA!”
There's one indicator that investors are missing when it comes to assessing the strength of the economy as it pertains to the stock market: the "Bernanke" indicator.
There are only two conclusions that might be drawn by a study that acknowledges the predicted economic pain inflicted on the poor by Seattle's mandated minimum-wage increase: Either the members of the Seattle City Council are abysmally economically ignorant, or they intended the results of their actions.