The Dow Jones Industrial Average Rose to a New Record High
The Dow Jones Industrial Average rose to a new record high on Tuesday while major indexes in other regions of the world struggled, a sign investors’ growing divergence in expectations between growth in the US and elsewhere. WSJ
ISM Non-Manufacturing Index Hits 21-Year High
Economic activity strengthened in September with the ISM non-manufacturing index rising to a 21-year high. Fueling the gain was a record high employment index. Wells Fargo Economics
September Manufacturing ISM Reports Overall Economy Grew for 113th Consecutive Month
The Institute for Supply Management (ISM) released its latest Manufacturing ISM Report on Business for September 2018 and reports economic activity in the manufacturing sector expanded and the overall economy grew for the 113th consecutive month, say the nation’s supply executives in the latest report.
The report was issued by Timothy R. Fiore, CPSM, CPM, Chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee:
The September PMI registered 59.8 percent, a decrease of 1.5 percentage points from the August reading of 61.3 percent.
Comments from the panel reflect continued expanding business strength. Demand remains strong, with the New Orders Index at 60 percent or above for the 17th straight month and the Customers’ Inventories Index remaining low. The Backlog of Orders Index continued to expand but at lower levels than the previous month. Consumption improved with production and employment continuing to expand.
Economy Created 230,000 Jobs
The economy created 230,000 jobs last month, expectations were for around 179,000…and the beat goes on…
The US unemployment rate dropped to 3.7% in September, the lowest level since 1969.
US Raw Steel Production Retreated
US raw steel production retreated 0.4 percent last week as mills operated at an ACUR of 79.2 percent. In the corresponding week last year mills operated at an ACUR of 73.4 percent. Thus far this year mills have produced prox 70,000,000 tons compared to the prox 67,000,000 tons produced in the like period last year.
USA Drill Rigs Running Inched Up
The number of drill rigs running in the USA inched up by one last week to 1054, led by Oklahoma, up by 5, while Canadian drilling dropped by 19 rigs to 178. AMM
USMCA Replaces NAFTA
This is great news: On Sunday it was announced that a new trade agreement had been reached between Canada, Mexico and the USA. NAFTA is no more and has been replaced by the USMCA (United States, Mexico and Canada trade agreement) the details are not yet known to me, but I can assure you, as the president has promised, the playing field has been leveled and fair trade will be reciprocal.
Naturally, you will not hear about this from the mainstream media BECAUSE this IS a very big deal, so they must resist and obstruct. In their total addiction to power they believe good news should not be shared with you…bullshit!
Promises made, promises kept. All the geniuses said he could not do it, should not do it. This is the thinking in the swamp. Instead of YES, we can, the swamp creatures believe NO we cannot. This president believes in the greatness of America and the American people. I stand behind him 1000%.
All the pieces are beginning to fall into place as President Trump said they would. He is the right man at the right time in the right place. Can you even remotely imagine what condition our country would be in if the socialists had won?? Hillary…give me a break.
The 7th Kavanaugh Background Check
The FBI has completed its 7th background investigation of Brett Kavanaugh and the accusations he has faced. No corroborating evidence to support the accusations of his accusers was found. The extremists on the left are going nuts, which I suppose is to be expected.
Our Democrat senators, what of them? An embarrassing display. This has been an obvious attempt at delay, which is what they offer the American people as we get ready to head to the polls. In their non-stop efforts to regain power and change the nature of our democracy, they have spent weeks and months trying to destroy both President Trump and Brett Kavanaugh.
Legislating for the good of the country? For the good of the people? To them, that is all secondary, unimportant.
While both China and Russia seek to subvert the United States and Iran is aiming for nuclear capability (in addition to their status as the world’s number one state sponsor of terrorism), our military still in Afghanistan, Iraq, Syria, West Africa and elsewhere. North Korea remains an issue. Cyber-crime and cyber security are and will be a huge problem to solve, etc. etc.
And we have the Democrats who have done nothing positive but causing conservatives to waste their time and our money dealing with their petty resistance.
At home we have men, women and children dying of opioid drug overdose, or the addiction ruining their lives. Our heroic veterans continue to suffer in many ways despite this administration’s efforts. Our children are lacking in proper education in many locations, again, despite this administration’s efforts. These are big, longstanding problems which have been festering for years and it will take time and a focused effort to solve them.
But what if BOTH parties worked TOGETHER to solve them? Despite opposition from the left, the administration has accomplished much. From them we get resist, obstruct, delay. I am disgusted with all this nonsense, everyone should be.
VOTE FOR CONTINUED PROSPERITY ON NOVEMBER 6
Infrastructure X (Keystone & Dakota pipelines) Regulation Reform XX 1 in 2 out
Individual Tax Reform XX Entitlement Reform
Business Tax Reform XX Education Reform X
Healthcare Reform Veterans Administration Reform X
Rebuild our Military X Trade Reform X
Secure our Borders (The Wall) XX Lead the world from the front XX
Help for the poor XX Drain the swamp X as we speak
Peace through unmatchable strength Support Israel X
Destroy ISIS XX Extreme Vetting XX
Conservative Supreme Court nominees XX American Jobs XX
I will track these campaign promises and will check them off as each is accomplished adding those I have missed as they become apparent. This is quite an agenda and will be difficult to achieve all in one term, but I believe the American people are behind him and know these things need to be done. Now, if he can get our legislators to support him instead of fighting him….
“MAKE AMERICA GREAT AGAIN”
Have a great weekend…. God bless America!
Buy American made products whenever you can, it’s good for you, good for your friends and neighbors and good for our country.
If you are hiring…try to hire a veteran…. they are loyal, disciplined, hardworking…and they deserve our support.
By the way, if you wish to comment on my rants or offer any other insights you may have, you are encouraged to email me.
TEDDY ROOSEVELT ON IMMIGRANTS IN AMERICA…1907
In the first place, we should insist that if the immigrant who comes here in good faith becomes an American and assimilates himself to us, he shall be treated on an exact equality with everyone else for it is an outrage to discriminate against any such man because of creed, or birthplace, or origin. But this is predicated upon the person’s becoming in every facet an American and nothing but an American. There can be no divided allegiance here. Any man who says he is an American, but something else also, isn’t an American at all. We have room for but one flag, the American flag…We have room for but one language here and that is the English language…and we have room for but one sole loyalty and that is a loyalty to the American people.”