The Wall Street pundits are having a harder time pushing their recessionary economic narrative while the results from Main Street continue to beat expectations.  Two data points continue to highlight the strength of Main Street: Home Sales and Wage Gains.

President Trump’s MAGAnomic policies are focused on delivering results to the middle-class worker and family.  The middle-class American is the engine for a Main Street economy.  Growing the middle-class is the key to strengthening the U.S. economy and blocking negative global economic influence.  Growing the middle-class is how the U.S. economy continues to be self-sustaining. [We buy/use 80% of our own production.]
Today The National Association of Realtors released data showing existing home sales rose 2.5% to a seasonally adjusted annual rate of 5.42 million units in July.  Forecasters only expected 5.39 million units.  The U.S. Main Street housing market is very strong.

Because the results defy pundit expectation, Reuters has to ignore the strength of Main Street and put the Wall Street spin on the results.  The efforts to keep pushing a negative economic narrative are intense [Trillions At Stake]:

WASHINGTON (Reuters) – U.S. home sales rose more than expected in July, boosted by lower mortgage rates and a strong labor market, signs the Federal Reserve’s shift toward lower interest rates was supporting the economy.

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During an oval office press conference today, President Trump took several questions about China and the U.S. trade confrontation.  After receiving the third question, on the same subject, President Trump paused and then went deep into the heart of the issue.
The question was: ” Mr. President, you keep insisting that your trade war with China — the trade war with China is not affecting the U.S. economy. But a lot of economists disagree with that. And they worry that if China goes into a recession, they’ll pull us down with it.”
Here is President Trump’s response:

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[Transcript] … PRESIDENT TRUMP: Well — well, okay. Let me — let me tell you something. Number one, we’re doing very well as an economy. But somebody had to take China on. You know, I read and I see so much and I read so much, and I’ll see these economists saying, “Oh, give up. Give up on China. Give up.”
China has been ripping this country off for 25 years — for longer than that. And it’s about time, whether it’s good for our country or bad for our country short term. Long term, it’s imperative that somebody does this because our country cannot continue to pay China $500 billion a year because stupid people are running it.
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Italy is one of the key economies within the EU. In the past several years, driven by both economic challenges and unfettered immigration challenges, the populist revolt has gained ground. Interior Minister Matteo Salvini, a nationalist-minded politician, has won the hearts of Italian voters.  Matteo Salvini is a proud Italian populist.
Several months ago Matteo Salvini challenged current Prime Minister Giuseppe Conte to hold a snap election; and followed-up with continued pressure on the Italian government by advancing populist positions of economic patriotism, sovereignty and tougher immigration rules.

Amid a revolt against globalism writ large, it was not accidental that Nancy Pelosi traveled to Italy recently with a coalition of U.S. leftist politicians to organize a strategy to fend-off Salvini and assist Prime Minister Conte. Pelosi is an opportunist. Part of the plan for Conte to hold power was a shift within his party (Five Star Movement or 5sM) to form an alliance with the Italian left-wing Democratic Party (Pelosi’s ideological allies).
To pull off their plan, Conte and the Democratic Party would align; Conte would then resign and hold the snap election where 5sM and the far-left Democratic party would re-elect him. This approach would strategically counter the 36 percent of support currently held by Matteo Salvini (the League). Today Giuseppe Conte resigned.

(Wall Street Journal) […] Prime Minister Giuseppe Conte announced his resignation in a speech to the Senate on Tuesday, blaming far-right Interior Minister Matteo Salvini for causing a political crisis as Italy looks to draw up a challenging budget to keep its parlous finances on track.

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Secretary of State Mike Pompeo sits down for a wide-ranging interview with Martha MacCallum to discuss ongoing multi-layered issues between the U.S. and China.

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CTH suspected this was going to happen. This was predictable if you have followed the fracture between Main Street (Trump) and Wall Street (multinationals).  Remember, there are trillions at stake.  This news today is part of the battle.
Here’s the cut through the BS motive behind the multinational association of Business Roundtable CEO’s (these are all pure Wall St.) suddenly saying “social responsibility should be put above profit“…

NEW YORK (Reuters) – Top CEOs say companies should put social responsibility above profit.  Corporate America is responsible for providing economic benefits to all, not just its investors, the Business Roundtable group said on Monday.
The group’s “statement of corporate purpose” was signed by the heads of more than 180 U.S. companies, including the CEOs of Amazon.com Inc (AMZN.O), American Airlines (AAL.O), the largest airline in the world; and JPMorgan Chase & Co (JPM.N), the biggest American bank.

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Commerce Secretary Wilbur Ross appears with Maria Bartiromo to discuss the security concerns around Chinese company Huawei and technology products designed to extract intelligence and data.  [Details of Commerce Announcement Follow Video]
Secretary Ross explains the Commerce Department decision to add 46 new Huawei subsidiaries to the restricted entity list requiring U.S. companies to apply for temporary licenses for Huawei purchases.  Due to the potential security ramifications the Commerce Dept. is giving U.S. companies 90-days (under Temporary General Licenses) to find alternate suppliers before all commercial engagement is halted.

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According to an interview granted by the lawyer for intelligence asset Joseph Mifsud to journalist John Solomon, professor Mifsud admitted to being a western intelligence asset who was part of a CIA intelligence “operation” against candidate Donald Trump in March 2016.
Yes, stop and read that introductory paragraph again….
Solomon notes that an audio-taped deposition exists from Joseph Mifsud prior to going into hiding after the 2016 Presidential election.  From the description it sounds like Mifsud anticipated his assisted suicide and recorded a deposition as leverage against his unwanted demise.   WATCH:

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What Solomon describes would align with the CIA purposefully leaking the details about Mifsud to the Washington Post on July 1st, 2019.
In the synergy between the U.S. intelligence apparatus and their media agents, the CIA, DOJ and State Department have specific outlets assigned to public relations.
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Earlier today President Trump, Melania Trump and Barron Trump arrived in Morristown, NJ, airport en route back to Washington DC.  Prior to boarding Air-Force-One the President delivered brief remarks and answered media questions for 36 minutes.
[Note: longer version of video provided to see young 13-year-old (very tall) Barron Trump as he arrives with Mom and Dad.  (Full Video (begin 6:45) and Transcript below)]

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[Transcript] – THE PRESIDENT: So, we had a lot of meetings yesterday on Afghanistan, on the economy — which is doing very well. We have the strongest economy, by far, in the world. The tariffs have cost nothing, in my opinion, or certainly very little. We have import prices from, and through, July — all the way through July. And they’re down 1.8 percent so that the import prices have actually gone down.
China is eating the tariffs because of monetary manipulation. And also, they’re pouring a lot of money into their country because they don’t want to lose jobs. They’re losing, as you probably know, because you reported it, but they lost over 2 million jobs in a short period of time. And they want to make a deal; we’ll see what happens. But they definitely want to make a deal.
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Among all media personalities Maria Bartiromo easily has the most comprehensive grasp of the 2016 operation against President Trump.  During two interviews today Bartiromo outlines the evidence that leads directly to the person at the origination point, former CIA Director John Brennan.
First, here’s a mash-up of the two interviews (Senator Graham and John Solomon) where Bartiromo asks the same question.  [hat tip Michael Sheridan for the video]

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Former CIA Director John Brennan lies at the heart of the intelligence community decision to weaponize against Donald Trump. In this outline I will provide supporting evidence for Bartiromo’s assertion, which I suspect has already led to a criminal referral to U.S. Attorney John Durham by HPSCI Ranking Member Devin Nunes.
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Last Friday President Trump had dinner with Tim Cook, aka “Tim Apple.”

The dinner came on the heels of USTR Lighthizer announcing a postponement of “next step” 10 percent tariffs against Chinese manufactured products…  Interestingly, the one of the product groups within the delay is personal computers…. Interestingly, Tim Apple was going to launch production assembly of the Macintosh personal computer in China.
Now, consider this:

CHINA – When ground was broken in March 2017 for a new US$9 billion factory owned by a subsidiary of Foxconn Group, the event was witnessed by then Guangdong party secretary Hu Chunhua and Terry Gou Tai-ming, the Taiwanese billionaire who created Foxconn, the world’s largest assembler of Apple’s iPhones and tablets.

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