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Nationalist Pundit

America First and Always!

Dow Jones 22,000 - America Great Again!

The Dow Jones Industrial Average opened this morning above the 22,000 mark, at 20,030. Should it end the day at or above 22,000, it will set yet another milestone. Since the election of President Donald J. Trump, the markets have been on a long winning streak, with new record highs set frequently. The Dow Jones, the NASDAQ and the S&P 500 have all been rising steadily, increasing more than 10% across the board. Much of today′s enthusiasm was yesterday′s 3rd Quarter report from Apple, which beat expectations. Sales were over half a billion dollars more than expected, sending the stock up 6% in aftermarket trading. Just this move alone was enough to blow away the 22,000 mark for the Dow Jones.

 

 

 

The economic news in every sector. Even manufacturing and mining have been seen growth since Trump′s election. The news of tech giant Foxcomm investing $10 billion dollars in Wisconsin as it builds a massive manufacturing and research facility started off the recent surge. Even the worse numbers show the economy stronger than it has been in the past 6 years and others point to higher ground in the whole 21st Century! One major indicator, the Labor Force Participation Ratio, has improved from the late 1970s to the mid 1980s as more Americans return to work.

 

Thanks to the Trump administration rolling back many idiotic regulations, the energy sector is doing very well, with the country well on its way to not only being energy independent, but a leading exporter as well. The price of natural gas has plummeted from over $17 per million cubic feet to well below $3. Between fracking and the completion of the NG pipeline from Alaska (thanks to former Gov. Sarah Palin), America will have so much natural gas that plans to export liquified NG, or LNG, are advancing forward. The end result are more, good paying jobs for American citizens.

 

We have also seen, much to the dismay of Democrats, a sharp decrease in unemployment rates for young adults, especially minorities. Young Black men, for example, have had a big boost in job acquisition since the election of President Donald J. Trump. With business confidence at new record highs, there seems little to stop the U. S. economy from growing at a healthy rate, say 3-4%, for the first time in over a decade. About the only issue facing such growth is a slow, wimpy Congress taking their own sweet time passing necessary legislation. With the Dow Jones opening today over 22,000, and nothing but optimistic numbers across the board in all economic sectors, President Donald Trump may have just made Congress irrelevant!

 

For more REAL NEWS and views, follow Andrew Zarowny on Facebook and on Twitter @mrcapitalist.

 

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