A suspect has been arrested for mailing of 13 suspicious packages containing IED-type devices to prominent political opponents to President Trump. The suspect is 56-year-old Cesar Altieri Savoc Jr of Aventura, Florida.
According to a joint FBI and DOJ press conference earlier today a fingerprint and traces of DNA led the FBI to Cesar Altieri Sayoc Jr. The suspect is now charged with with five federal crimes, including mailing an incendiary device and threatening a former president. [Full Indictment Here] He faces up to 48 years in prison according to the DOJ.
According to FBI Director Christopher Wray, Mr. Sayoc left a fingerprint on one of the devices sent to U.S. Representative Maxine Waters, and DNA from two other devices links him to the attacks.
Director Wray outlined during his remarks that the devices consisted of PVC pipe, clocks, batteries, wiring and “energetic material that can become combustible when subjected to heat or friction”. The FBI director went out of his way to state: “these were not hoax devices.”
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President Trump delivers impromptu remarks as he leaves the White House for a MAGA rally in North Carolina. Most of the questions and comments were directed toward today’s arrest of Cesar Sayoc for mailing IED’s to opponents of the president.
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With the midterm elections just 11 days away, President Trump heads to Charlotte, North Carolina for a MAGA rally in the Tar Heel state. The venue is Bojangles Coliseum in Charlotte, NC and the Anticipated start time is 7:00pm EST with pre-rally speakers earlier in the schedule.
UPDATE: Video Added
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The Commerce Department, Bureau of Economic Analysis (BEA), has released the first estimate of the third quarter GDP growth for June, July and August 2018 (full pdf below). The rate of economic growth in Q3 is estimated at 3.5%, exceeding most forecasts of slightly more than three percent. The second quarter growth was 4.2%.
“Defying ‘conventional wisdom’ once again, 3.5 percent growth is the latest sign that the Trump economy continues to surge,” said Secretary of Commerce Wilbur Ross. “The President’s actions from deregulation to tax reform have supercharged the American economy, driving it to new heights.”
Overall the 3.5% growth is exceptionally strong. To see the data bolstering a positive future forecast I would draw attention to Table 2 (lines 43 through 49) and the analysis for net impact over Exports/Imports. The heavy import number delivered a net subtraction of 1.78% from GDP growth; that’s a result of a large increase in imported durable goods [likely anticipatory holiday inventory buildup].

As you can imagine from your own shopping experiences, durable goods inventories generally climb in the third quarter as companies increase inventory in preparation for holiday sales in quarter four. The growth in the buildup of this inventory is significantly higher than historic trend; this means companies are forecasting strong consumer demand for goods in Q4, the holiday season.
Further support for a booming Q4 purchase prediction can be found in the current 4% growth of consumer spending. With wages growing (3.8% avg), and with an incredibly strong jobs market, people are making large purchases with confidence. Additionally, price data in the current GDP report shows inflation at a 1.6 percent annualized pace.
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Senate Judiciary Chairman Chuck Grassley sent a criminal referral to the DOJ today surrounding Creepy Porn Lawyer Michael Avenatti and claims from the accusers he brought forth. Hours later,…. all of a sudden NBC, the primary advocacy media for Avenatti and his accusers, starts publicly questioning the details of their interactions?

In a late-evening publication of NBC News Investigations, journalists Kate Snow and Anna Schecter outline the contradictions between Creepy Porn Lawyer and two female accusers Avenatti put them in contact with.
In a transparent effort to retain credibility, the face of NBC, Chuck Todd, now claims Avenatti “mislead” the NBC reporters. It needs to be emphasized here that none of these contradictions were discussed by NBC during the controversy around the Kavanaugh confirmation. They kept quiet about it when it mattered.
NBC […] In the second statement, the unidentified woman said she witnessed Kavanaugh “spike” the punch at high school parties in order to sexually take advantage of girls. But less than 48 hours before Avenatti released her sworn statement on Twitter, the same woman told NBC News a different story.
Earlier today President Trump delivered remarks at the U.S. Department of Health and Human Services about ongoing efforts to lower the cost of prescription drugs. Introducing a new set of HHS and FDA pharmaceutical reforms. Excellent initiative.
[Transcript] U.S. Dept of HHS – 2:14 P.M. EDT – THE PRESIDENT: Thank you very much. Thank you. It’s a big day. It’s a very important day. (Applause.) Thank you. Please.
Thank you very much, Secretary Azar, for your tremendous leadership. This really is an important day for me. I’ve been talking about drug price reductions for a long time. And now we’re doing things that nobody was, let’s say — because I’m speaking on behalf of all of us — bold enough to do. And they’re going to have a tremendous impact.
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This is not financial advice. CTH simply explains economic influences and how they show up visibly in various KPI’s. This is not financial advice.
The current Wall Street stock market sell-off is (in majority) mostly an outcome of investors betting Republicans are going to lose the House of Representatives and the MAGA economic policy will be blocked by a Democrat controlled House.

The U.S. Stock Market is factoring in a House of Representatives election loss for the Trump economic agenda. Predictably, Democrats will target the administration with legislative challenges, investigations and court cases focused on regulations and tax policy.
Democrats have announced their intent to target President Trump cabinet members for investigations; the administration will be bound up in committee oversight; Trump’s family business interests and taxes will be part of a renewed investigation; and all of the MAGAnomic policy will immediately stop amid the reistance. That’s the reality.
From the perspective of 5-year-view investors: If you think the 2018 mid-term election will result in a Democrat controlled house of representatives; with Adam Schiff as Speaker; then getting out of the market is not an unreasonable position.
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Tonight President Trump is heading to Mosinee, Wisconsin, for a 2018 midterm MAGA Rally. The venue is the Central Wisconsin Airport in Mosinee and the anticipated start time is 6:30pm CST / 7:30pm EST.
UPDATE: Video Added
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President Trump and First Lady Melania Trump both deliver remarks at a White House event to highlight the continued efforts to combat Opioid abuse [Background Here]
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