President Trump Opposes Another COVID-19 Economic Shutdown

President Trump Opposes Another COVID-19 Economic Shutdown

#PresidentTrump #recovery #COVID19 #Shutdown President Trump would “in no way” support another economic shutdown should the coronavirus pandemic worsen, White House Economic Council Director Larry Kudlow said Thursday. “He will completely oppose that,” Mr. Kudlow said on TV. “President Trump today me this yesterday in the Oval, in no way, shape or form will he […]

US Has Regained Control of the Virus

US Has Regained Control of the Virus

#virus #WhiteHouse The United States has “regained control of the virus,” White House economic adviser Larry Kudlow declared Monday. He made the comments in the context of explaining the sharp drop in the DJIA during the day, blaming the UK and EK for any stock market concerns. “There is some worries that Britain might shut down,” […]

Continuing Resolution Congress’ Most Important Task Now

Continuing Resolution Congress’ Most Important Task Now

#government #funding #economy The most important fiscal matter is for Congress to reach a clean continuing resolution to keep the government open past 30 September White House economic adviser Larry Kudlow said Monday.  “We have to really respect Justice Ginsburg and may she rest in peace,” Mr. Kudlow said on TV. “I think the most immediate […]

There are “Booms” in the US’ Housing, Retail and Auto Industries

There are “Booms” in the US’ Housing, Retail and Auto Industries

#US #economy #housing #auto #retail Larry Kudlow, the head of the National Economic Council, says the economy is having “booms” in housing, retail and autos that are fueling a “self-sustaining V-shaped recovery.” In an interview last Wednesday, Mr. Kudlow heralded the indicators showing the economic bounce. “The main thing right now is not only are […]

Stocks are Forward Looking Assets, the Sentiment is Very Bullish

Stocks are Forward Looking Assets, the Sentiment is Very Bullish

#PresidentTrump #Fed #liquidity #stocks #earnings #economy #VShaped $DIA $SPY $QQQ $RUTX $VXX Stocks are forward-looking assets, so this market should hold up in the coming months no matter economic numbers are not great and The Virus is still hanging around, we have at V-Shaped stock market recovery and a V-Shaped economy is building. The amount […]

US Economic Growth Could Rise 30% in 2-H of this Year, America is Back!

US Economic Growth Could Rise 30% in 2-H of this Year, America is Back!

#US #economy #growth #WhiteHouse #GDP #VShaped #recovery $SPY $QQQ Saturday, White House economic adviser Larry Kudlow predicted the economy will grow between 20 and 30% for the rest of the year. “20% + growth in the 3rd and 4th Quarters. You can score that,” the veteran financial guru said on TV. “We are going to have […]

The Trump Team Handled Coronavirus Chaos Magnificently, Market Responded With Record Bull Run

The Trump Team Handled Coronavirus Chaos Magnificently, Market Responded With Record Bull Run

#PresidentTrump #economy #Coronavirus #BullMarket $DIA $SPY $QQQ $RUTX $VXX President Trump and his economic team have handled and are handling the economy “magnificently” during the coronavirus chaos, and there is no doubt that a V-shaped recovery is happening The S&P 500 closed at a record high Tuesday while rebounding from huge losses triggered by The Virus Chaos. […]

Single-Digit Unemployment Seen with 20% GDP Growth

Single-Digit Unemployment Seen with 20% GDP Growth

#unemployment #GDP #growth #VShaped #recovery Thursday, White House economic adviser Larry Kudlow said he expects the US unemployment rate to return to single-digit levels as early as this month and growth in Q-3 should be 20% or more as the economy recovers from the recession triggered by the C-19 coronavirus chaos. “The Key point that I would […]

President Trump, ‘Promises Made, Promises Kept’ Litany Continues

President Trump, ‘Promises Made, Promises Kept’ Litany Continues

#PresidentTrump #Power #authority #promises Friday night, President Trump promised that “if Democrats continue to hold this critical relief hostage I will act under my authority as President to get Americans the relief they need.” Saturday, President Trump used his Power and moved to bypass the nation’s Democrat lawmakers claiming the authority to defer payroll taxes […]

V-Shaped Recovery on Track, Bet the Market Not Economists

V-Shaped Recovery on Track, Bet the Market Not Economists

#GDP #economy #recovery #NFPs #AtlantaFed #C19Coronavirus $DIA $SPY $QQQ $RUTX $VXX The Atlanta Federal Reserve increased its estimate of Q-3 GDP growth at 20.5%. The revision by the Atlanta Fed’s ‘s GDPNow model reflects an increase in government spending growth partly offset by decreases in personal consumption expenditures growth and gross private domestic investment growth. The estimates came in after […]

The US Economy is Experiencing a V-Shaped Recovery

The US Economy is Experiencing a V-Shaped Recovery

#economy #V-shaped #recovery A V-shaped recovery is commonly characterized by a quick and sustained recovery in measures of economic performance after a sharp economic decline.  “I think by the end of this year, you’re going to see a big rebound. And of course the stock market is telling us that. The market is telling us hey, we’re going to […]

The Economic Data Calls for More Aid/Relief/Stimulus

The Economic Data Calls for More Aid/Relief/Stimulus

#Aid/Relief/Stimulus #Congress #GDP #Fed #depression #economy US Treasury Mnuchin Calls on Congress to Pass more Stimulus this Month The economic data reported Thursday confirmed the enormity of the Q-2 blow suffered by the global economy and the challenges ahead. The longer Congress delays, the greater the risk that the stalled recovery will lead to a […]

Money Managers Still Holding Cash Amidst This Strong Market Recovery

Money Managers Still Holding Cash Amidst This Strong Market Recovery

#gold #stocks #commodities #bonds #cash #value #growth #C19coronavirus #election #volatility #Fed #risk #recovery $BAC After slashing cash piles by the most in a decade last month, fund managers with $570-B are hanging on to their dry powder amid this historic epic stock rally. Investors surveyed by Bank of America Corp (NYSE:BAC) boosted average cash holdings […]

US Seeing a ‘Big V-shaped’ Economic Rebound Ahead

US Seeing a ‘Big V-shaped’ Economic Rebound Ahead

$DIA $SPY $QQQ $RUTX $VXX The US the economy has started to benefit from a V-shaped recovery Markets are benefiting from both liquidity and optimism that the C-19 coronavirus chaos will fade away or be contained. But, it take some time before we come all the way up and get back to Y 2019 marks. […]

This Market’s Q-1 Downdraft Created Massive Opportunities for Savvy Investors

This Market’s Q-1 Downdraft Created Massive Opportunities for Savvy Investors

$SPY $SPX $DIA $QQQ $RUTX $USO $VXX This V-shaped recovery in stocks illustrates how markets strong this market and how fast it recovered from the medical malpractice recession. For those of us that understood this it set up opportunities for massive gainers over a short frame. It also underlines the need to be nimble, pay […]

This V-Shaped Recovery is Real

This V-Shaped Recovery is Real

$DIA $SPY $QQQ $RUTX $VXX As global share markets reversed off of their March lows many people have been struck by what they believe is a contradiction between the economic data and the market’s response. Doomsday stories of great depression unemployment, bankruptcies, collapsing earnings, are out of phase with the fact that stocks are at […]

“We are Almost ‘Out of the Woods'”

“We are Almost ‘Out of the Woods

Last Friday’s NFPs jobs report gave our economy some good news for the 1st time since the C-19 coronavirus chaos shutdowns began, making the American dreams of a “V-shaped” recovery begin to come true, according to a Trump Administration economic adviser. “It was a very, very strong report, and let’s just hope this can continue,” Steven […]