Approval of President Trump’s Handling of the Economy Rose to 52%, the Highest Mark of his Presidency

Approval of President Trump’s Handling of the Economy Rose to 52%, the Highest Mark of his Presidency

The coronavirus pandemic has thrown the American economy into a deep contraction and sent unemployment soaring, but Americans approve of President Trump’s handling of the health crisis. Approval of President Trump’s handling of the economy rose to 52%, the highest mark of his Presidency, CNBC’s “All America” survey showed Wednesday. That is up from 49% in December. […]

Crude Oil Demand Heads for Record Lows

Crude Oil Demand Heads for Record Lows

$OIL $USO “This is a sudden, instant demand shock, the scale of the decline is unprecedented.” Gasoline becomes more affordable, just when Americans do not need it.” Global Crude Oil consumption is heading to the biggest annual contraction in history, as more countries introduce unprecedented measures to fight the virus outbreak. Travel bans, work-from-home, canceled […]

US Manufacturing Output Disapointed in August

US Manufacturing Output Disapointed in August

US Manufacturing Output Disapointed in August $DIA, $SPY, $QQQ, $VXX US factory production fell in August on cutbacks in appliances, home electronics and machinery. This threatens the market’s hopes for a manufacturing rebound after 2 prior months of gainers. The US Fed said Thursday factory production dropped 0.4% in August, after an increase of 0.4% […]