- The U.S. trade deficit fell to a seven-month low in April as exports rose to a record high.
- The Commerce Department the trade gap dropped 2.1 percent to $46.2 billion, the smallest since September. Data for March was revised to show the trade deficit falling to $47.2 billion, instead of the previously reported $49.0 billion.
- The Institute for Supply Management (ISM) said on Monday its index of national factory activity jumped to a reading of 60.2 last month from 58.7 in May. A reading above 50 in the ISM index indicates an expansion in manufacturing, which accounts for about 12 percent of the U.S. economy.
- Strong data ranging from manufacturing to consumer spending and the labor market have led the Federal Reserve Bank of Atlanta to estimate that economic growth in the second quarter will be close to a 4.0 percent annualized rate.
- More than $300 billion was repatriated to the United States in just the first quarter.
- A record 155,576,000 Americans were employed in June, the most in history as over 601,000 Americans re-entered the workforce.
But yet, the so called financial experts continue to claim that Trump's economic policies are messing up the economy and that our so called trade war is costing us dearly. Some are even demanding that we will see a global recession any day now.
Seems like the economic numbers are running afoul what the experts believe should be happening. Obviously this is all still "unexpected" and "surprising".
Seems like the economic numbers are running afoul what the experts believe should be happening. Obviously this is all still "unexpected" and "surprising".
37 comments:
Roger, interested in where or how you alone came to believe this:
If you take the first six months of the Obama presidency deficit off your $13 you go down about half of the $13 Trillion"
Just think like Roger. All is lost.
Dennis asked:
you know how many gallons of water it takes to market 1 pound of meat??????
Answer: Yes
But yet, the so called financial experts continue to claim that Trump's economic policies are messing up the economy
And your expertise is what? Spreading your wife's legs and false news?????
More than $300 billion was repatriated to the United States in just the first quarter.
Which bought how many shares of stock back???? And how many jobs.....I'll wait....LOLOLOL
Chuck Jones , CONTRIBUTOR
I cover technology companies, worldwide economies and the stock market
Opinions expressed by Forbes Contributors are their own.
TWEET THIS
This would exceed the previous 2007 record buybacks of about $650 billion
Of the $1.19 trillion, almost two-thirds or 62.7% to be exact, are with technology companies
J.P. Morgan’s Dubravko Lakos-Bujas projects that the S&P 500 companies could buy back over $800 billion in stock this year. This would exceed the previous 2007 record buybacks of about $650 billion and would be substantially higher than last year’s $530 billion. The $800 billion would be about 3.5% of the $23 trillion of the S&P 500’s market capitalization. Keep in mind that the $800 billion positive impact on increasing EPS varies greatly by company and is offset by stock awards to their employees.
A statue titled "Fearless Girl" faces the Wall Street bull. The work by artist Kristen Visbal. AP Photo/Mark Lennihan
Lakos-Bujas’ chart shows an annualized $842 billion projection for announced buybacks. Since actual buybacks can be smaller than the announcements, and timing on when they occur can come into play, his forecast buyback number is a bit lower.
Yep, the rich reap the rewards of repatriation of cash!!
Mr Dennis are you saying you don't eat beef?
Anonymous commie said...
Chuck Jones , CONTRIBUTOR
I cover technology companies, worldwide economies and the stock market
Opinions expressed by Forbes Contributors are their own.
Mar 16, 2018 @ 08:13 PM
Fatty can you at least bitch about something that's not 4 months old?
Lol,
Mr Dennis are you saying you don't eat beef?
No asshole you did!!!!
Fatty can you at least bitch about something that's not 4 months old?
And you have any evidence that the prediction, which it was, is incorrect or are you just going to be another asshole mouthpiece who can't back anything up????? Jag off....
You eat beef, yet complain about production inputs.
Gee....got any back up for your stupid remark, fat head???? Maybe you can point out the massive job creation this money created...BWAAAAAAAAAAAAAA!!! Pretty close the the fortune piece, idiot. I love cramming it up your ass fat head....it is such a big target!!!!!
http://money.cnn.com/2018/06/05/investing/stock-buybacks/index.html
American companies announced a record $201.3 billion in stock buybacks and cash takeovers in May.
Apple made up nearly half that total, according to a report from investment research company TrimTabs. Last month, Apple (AAPL) pledged to purchase $100 billion worth of its own stock. It didn't provide a time frame for when it would complete the purchases.
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Micron Technology (MU) ($10 billion) and Qualcomm (QCOM) ($8.8 billion) rounded out the top three in TrimTabs' report.
May's buyback announcement bonanza continues the trend started in the first quarter of 2018, when US companies completed $178 billion in buybacks. That was a record number, topping the prior record of $172 billion in 2007, right before the start of the Great Recession.
Howard Silverblatt of S&P Dow Jones Indices said that total buybacks and dividends for the past 12 months could top $1 trillion for the first time ever.
Another awesome source
Talib Visram is a freelance writer and editor based in London, England. He runs Pass The Remote, a TV and movie blog.
LMAO
I bet he's written for abovetopsecret.com
I bet he's written for abovetopsecret.com
that the best you can muster??? Weak ad hominem without a shred of evidence...typcal for drunk UGA alumni...LOL at you again, loser!!!!!
TODAY'S TALLY...
Loser cali.....ZIP Commie 2!!!!!
Companies buying back stock is a strong move for the remaining share holders.
A very pragmatic statement.....and the right will Boo !!! Screw women and gay's it is the cultist way!!!
Politics
Michelle Wolf Absolutely Nails Pro-Life Hypocrisy: They 'Do Not Care About Life'
Ed Mazza 12 hours ago
As President Donald Trump prepares to announce a Supreme Court nominee who could have a monumental impact on abortion rights in the United States, comic Michelle Wolf tore into those who oppose the right to choose.
And she started with the very name the right uses to describes its position.
“I know some people call themselves ‘pro-life,’ but pro-life is a propaganda term that isn’t real, like healthy ice cream and handsome testicles,” she said on “The Break.” “Get the terminology straight.”
Then she really unloaded:
“First of all, these people are anti-abortion, which means they’re anti-woman. If these people were actually pro-life, they would be fighting hard for healthcare, childcare, gun control, education and protecting the environment. But these anti-abortion people do not care about life, they just care about birth. Like, they think that’s the only place you can watch a woman shit on a table.”
See her full takedown in the clip above.
Companies buying back stock is a strong move for the remaining share holders.
BWAAAAAAAAA!!!!!! Is that your lesson for today, dumbass????? A strong move for elites and morons who believe jobs are being created with this cash.....idiot..
Dennis, I can't fix you.
I saw your post admitting modeling is wrong, but.....
WTF is wrong with him?
Philippe Reines (former Hillary Clinton aide) posts phone number and address of local bookstore owner over Steve Bannon incident. (It's called "doxxing.")
Looks like the Left has its campaign theme for the midterm:
vote BLUE or they will KILL you.
What is wrong.
Trump Won.
The viral clip of College Students being asked about Trump's SCOTUS Pick is sad funny.
Apparently Opie would prefer that the money (some of it used for stock buy back, some of it used for investment, some of it used for job creation)
Was better off sitting outside of the country.
I would be very curious how you make a valid argument for that.
Was better off sitting outside of the country
You are a bigger asshole than the goat fucker......Please elucidate how you came up with that conclusion other than abject stupidity and bias!!!!
And you think tax breaks for off shore profits create what?????....!!!!!
The viral clip of College Students being asked about Trump's SCOTUS Pick is sad funny.
You mean the one CH posted yesterday.....typical a day late and a brain cell short.....LOL Try to keep up!!!
you know how many gallons of water it takes to market 1 pound of meat???"
Answer = Yes
Dennis goes Vegan????
Was better off sitting outside of the country.
I would be very curious how you make a valid argument for that."
Well, curse , trigger and rant. But nothing else, but failure.
9 PM Eastern Time.
We need to be especially kind to our friends on the left.
This stolen election leads to an invalid appointment by Not my President.
Well, curse , trigger and rant. But nothing else, but failure.
And you just post stupidity.....pure asshattery.....seems you jagoffs have problem with any logic.....using colorful language at least gets jerk offs like you reading....Oh well, to each his own....BTW get a job yet or are you just going to leech off your parents???? LOLOLOL!!! Sad, very sad.....next shoe to drop.....mueller....and the eventual demise of donnie the dolt....And I'll smile all the way to your funeral....
Dennis goes Vegan????
Again douche nozzle...you say things that are even dumb for you.....your only livestock is your pig wife...now go service her.....LOL!!!
Mr. Dennis, you eat beef, yet complain about the water used to put that beef on your plate. In fact everything you eat takes water to raise and grow.
Why are you complaining?
Great Vote Blue Waive with Hurricane Force 2018, we promise to Impeach Trump.
What happened, Kill ICE not polling well?
US Home Owners,,,, Winning...
"Homeowners are sitting on a record amount of cash – and not tapping it
Homeowners now have a collective $5.8 trillion in tappable equity, the highest volume ever recorded."
"Homeowners are sitting on a record amount of cash – and not tapping it`
SO FUCKING WHAT!!!!! Seems you are the beneficiary of that statistic leeching off your dead parents...Sad you are such an imbecile
you eat beef, yet complain about the water used to put that beef on your plate.
Why do you make shit up??? I love eating meat.....When did I complain about water used? I asked you a question which you still haven't answered asshole...Dayum you are s stupid fuck...
Please elucidate how you came up with that conclusion other than abject stupidity and bias!!!!
I suggest you look up the definition of the word repatriated, which is the statistic used by the Government (that is being referred to).
It literally means bringing something back to your home country.
Dennis, God love ya.
you know how many gallons of water it takes to market 1 pound of meat???"
Answer = Yes
How did you miss it.
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