MAGA: AMERICAN COMPANIES POSTING DOUBLE DIGIT PROFIT GROWTH!!!
(Reuters) - The Dow breached the 22,000 mark briefly in early trading on Wednesday, August 2nd, powered by Apple's stellar results, before stocks retreated sharply across sectors as investors locked in gains. However, the S&P 500 information technology index .SPLRCT is up about 22 percent year to date, leading other sectors, as investors look for growth in an otherwise low-growth environment.
31 Jul 2017
PatriotNewsDaily.com
According to a new analysis from Reuters, American companies recorded by the S&P 500 are on their way to posting two consecutive quarters of double-digit profit growth, the first time they’ve done so since 2011. Among the factors contributing to the rise: Cost-cutting, a weakening dollar, and an improvement in consumer spending.
But one cannot look at the hard figures and come away with any other conclusion that by putting a pro-business president in the White House for the first time since (at least) 2007 (??), we have stimulated the American economy in ways that may not even be fully evident for some time to come.
That said, many of the country’s top CEOs are concerned with the (demo-RAT) gridlock in Washington that has hindered the Trump agenda and prevented his economic boom plan from coming fully to life. With the failure of healthcare reform and the uncertainty of the next item on the Republican agenda – tax reform – many investors are worried that the current state of growth will not be sustainable heading into the year’s third quarter.
Overall, the U.S. economy accelerated growth in the spring, expanding to a 2.6% annual rate in April through June. That’s a remarkable uptick from where we were under the Obama administration, but it’s still short of the lofty promises made by Donald Trump on the campaign trail. Without the tax cuts and regulatory relief that Trump wants to implement, it’s not clear if Washington will be able to give American businesses the boost they need to send sustained growth into the 4% range.
“Consumers continue to drive the economy’s growth, but firmer business investment is also a plus,” said Mark Zandi, chief economist at Moody’s Analytics, told CBS News. “Weaker housing construction was the only significant drag on growth in the quarter.”
The media has no choice but to mention the positive news on the economy, but they’re doing their damned best to either downplay the president’s role in that news, stifle it with endless White House drama speculation, or give the credit – laughably – to his predecessor.
Two of the biggest economic stories of the past week –
Foxconn’s $10 billion investment in a Wisconsin plant and the record high Dow Jones Industrial Average – were given short shrift by the networks last week as they spent the majority of their broadcasts focused on Trump’s transgender military ban and his ongoing criticism of Jeff Sessions.
But that’s fine. It’s to be expected. These economic advancements don’t need to be touted through NBC Nightly News. The American people will feel it in their paychecks and on the store shelves. That’s all they’ll need to know when they decide whether or not to vote for Democrats next November.
(Let's hope and pray that most of America is now waking up - if not already - and they will know that voting along party lines is NOT THE ANSWER. There are ignorant, stupid, dumbed down, drugged, snowflake and well PAID TRAITORS ON BOTH SIDES OF THE AISLE.)
https://www.reuters.com/article/us-usa-stocks-idUSKBN1AI1F2
http://patriotnewsdaily.com/maga-american-companies-posting-double-digit-profit-growth/
According to a new analysis from Reuters, American companies recorded by the S&P 500 are on their way to posting two consecutive quarters of double-digit profit growth, the first time they’ve done so since 2011. Among the factors contributing to the rise: Cost-cutting, a weakening dollar, and an improvement in consumer spending.
But one cannot look at the hard figures and come away with any other conclusion that by putting a pro-business president in the White House for the first time since (at least) 2007 (??), we have stimulated the American economy in ways that may not even be fully evident for some time to come.
That said, many of the country’s top CEOs are concerned with the (demo-RAT) gridlock in Washington that has hindered the Trump agenda and prevented his economic boom plan from coming fully to life. With the failure of healthcare reform and the uncertainty of the next item on the Republican agenda – tax reform – many investors are worried that the current state of growth will not be sustainable heading into the year’s third quarter.
Overall, the U.S. economy accelerated growth in the spring, expanding to a 2.6% annual rate in April through June. That’s a remarkable uptick from where we were under the Obama administration, but it’s still short of the lofty promises made by Donald Trump on the campaign trail. Without the tax cuts and regulatory relief that Trump wants to implement, it’s not clear if Washington will be able to give American businesses the boost they need to send sustained growth into the 4% range.
“Consumers continue to drive the economy’s growth, but firmer business investment is also a plus,” said Mark Zandi, chief economist at Moody’s Analytics, told CBS News. “Weaker housing construction was the only significant drag on growth in the quarter.”
The media has no choice but to mention the positive news on the economy, but they’re doing their damned best to either downplay the president’s role in that news, stifle it with endless White House drama speculation, or give the credit – laughably – to his predecessor.
Two of the biggest economic stories of the past week –
Foxconn’s $10 billion investment in a Wisconsin plant and the record high Dow Jones Industrial Average – were given short shrift by the networks last week as they spent the majority of their broadcasts focused on Trump’s transgender military ban and his ongoing criticism of Jeff Sessions.
But that’s fine. It’s to be expected. These economic advancements don’t need to be touted through NBC Nightly News. The American people will feel it in their paychecks and on the store shelves. That’s all they’ll need to know when they decide whether or not to vote for Democrats next November.
(Let's hope and pray that most of America is now waking up - if not already - and they will know that voting along party lines is NOT THE ANSWER. There are ignorant, stupid, dumbed down, drugged, snowflake and well PAID TRAITORS ON BOTH SIDES OF THE AISLE.)
https://www.reuters.com/article/us-usa-stocks-idUSKBN1AI1F2
http://patriotnewsdaily.com/maga-american-companies-posting-double-digit-profit-growth/
3 comments:
The title of this article is not correct at all. Can not thank Trump for a fraudulent stock system and fraudulent currency and a fraudulent COUNTRY! Unity NEVER comes from fraud so signing that sanctions bill claiming unity is a bad idea. Congress will isolate the USA just because they hate a sitting brand new elected POTUS.
YET!!!
Learn: YOU have ALLOT to learn! You are NOT privy to what is actually taking place behind the scenes. Do you not know yet that the 'news' is nearly 100% FAKE?! We know all about 'unity'. We know all about the CON-gress. Keep your eyes on CON-gress for the next several days - perhaps weeks but I sure hope not - and LEARN!!!! Trump is the absolute best thing to happen to this nation since its inception so far as a 'government employee' is concerned, even being an employee of a crime syndicate. Hopefully you are open to watching, listening and learning in the next few weeks. Don't be so judgemental and so negative. Good things are in the works - and people who are risking EVERYTHING to make life and this nation better for each one of us don't put out ALL for those who don't need to know and who would interfere - even when all is done.
Maybe learn should start finding info, oh, I'd say around 1871, when the elite wrote 'their' constitution just for their own benefit, and then read the book, 'The Creature From Jekyll Island', that explains the false Federal Reserve system, by the elite, to be able to basically help themselves to our money, and then make everyone pay taxes on it-And forget 'WALL Street',which has been a rip off since the great depression- And this reason is just how we ALL ended up in the mess we're in- Fiat is FIAT, no matter how you slice it, printed out of thin air, and the fiat dollar has been manipulated past the point of no return, and that is why when all is said and done, the unit of money will be changed, and All for the benefit of humanity, to right the wrongs the 'faux' government and the Elite that have been forced upon us all-
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