Stocks hit record highs as US economy tops expectations

[F-22Raptor]

Stocks opened at record highs Wednesday amid optimism on the trade front and a stronger-than-expected U.S. economy.

All three of the major averages followed through on the gains overseas, which developed after President Trump, on Tuesday, told reporters that the U.S. and China are "in the final throes" of reaching a trade deal.

U.S. markets also received support from the second reading of third-quarter gross domestic product showed the U.S. economy expanded at a 2.1 percent annualized rate, up from the initial reading showing 1.9 percent growth. Durable goods orders also impressed, rising 0.6 percent in October. Economists were expecting a 0.8 percent decline.

The Dow Jones Industrial Average opened at a record high before turning slightly lower. Tuesday's record close was the Dow's 100th under Trump.

https://www.foxbusiness.com/markets/us-stocks-nov-27-2019

 

[HannibalBarca]

The silence before the storm... those incoming 2 years gonna be interesting...

 

[maximuswarrior]

They say a recession is on its way.

 

[HannibalBarca]

They say a recession is on its way.

Yep... one we never saw before.
Going to 2022 gonna be interesting... the true beginning of the End.

 

[Hamartia Antidote]

Stocks opened at record highs Wednesday amid optimism on the trade front and a stronger-than-expected U.S. economy.

All three of the major averages followed through on the gains overseas, which developed after President Trump, on Tuesday, told reporters that the U.S. and China are "in the final throes" of reaching a trade deal.

U.S. markets also received support from the second reading of third-quarter gross domestic product showed the U.S. economy expanded at a 2.1 percent annualized rate, up from the initial reading showing 1.9 percent growth. Durable goods orders also impressed, rising 0.6 percent in October. Economists were expecting a 0.8 percent decline.

The Dow Jones Industrial Average opened at a record high before turning slightly lower. Tuesday's record close was the Dow's 100th under Trump.

https://www.foxbusiness.com/markets/us-stocks-nov-27-2019

https://www.foxbusiness.com/markets...fter-possible-us-china-trade-war-breakthrough

Dow scores 100th record close under Trump

 

[Get Ya Wig Split]

They say a recession is on its way.

Yeah you're right. China in shambles
https://defence.pk/pdf/threads/chin...est-fall-since-2011-china-in-shambles.644275/

 

[925boy]

They say a recession is on its way.

well, Trump has rocked the "boat" too much for everyone, not just foreign countries. Americans are saving more money these days, which means they suspect something is coming..
Trump has also increased US debt A Lot while he's been in power, which tells me the economy isnt doing as well in general. US also hasnt had an easy time in the trade war despite Trump telling us trade wars are easy to fight and win. smfh.

 

[YeBeWarned]

its weird that US under trump is doing good in Economy .

 

[Wa Muhammada]

Yep... one we never saw before.
Going to 2022 gonna be interesting... the true beginning of the End.

Respectfully...

Why is 2022 significant?

 

[HannibalBarca]

Respectfully...

Why is 2022 significant?

At this moment everything will have peaked and is taking the the inverse trajectory...
It's a common MIT Limit to Growths model that is updated every 10 years since 1972... and till today... the model is on point...

And Fun Fact... 2022-23 is Election days for most Superpowers... US-EU-RU etc...

Even The stock market is getting ready for it... They are stacking wealth like almost never before...

 

[Wa Muhammada]

This is interesting .... could you share some links plz, sounds like a good read.

So according to the ‘plan’...what will the ‘governments/powers that be’ do next?

 

[HannibalBarca]

This is interesting .... could you share some links plz, sounds like a good read.

So according to the ‘plan’...what will the ‘governments/powers that be’ do next?

That's the thing... There is nothing they can do... since it's not a Nation Level matter... it's worldwide... And since we know the World will not take steps in this regards as one entity... it's inevitable...

You can read the original work and mostly it's 30 years update
"Limit to growth:30 years update from 2004"
and read the research papers that are updated, but it's a ppv.

the "Collapse: How Societies Choose to Fail or Succeed" of Jared Diamonds is also a beauty.
and also
"Guns, Germs, and Steel: The Fates of Human Societies" from the same author

You can also dig into more technical research on economical/social and demographic analysis and their limit models.

What is even more fascinating... is that main Corporations were "Already" aware of it... since decades... and they established steps/plans to take advantages of such scenarios... But the Gov in a move of survival kept a blind eye... And we are seeing the fruits today...