NEC Chairman Larry Kudlow Discusses Stunning U.S. Economic Position….

Earlier today National Economic Council Chairman Larry Kudlow appeared on CNBC for an extensive interview about the current U.S. economy. Jobs growing; wages growing; economy growing; trade deals improving…. Lots of good MAGAnomic stuff:


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(Via CNBC) White House economic advisor Larry Kudlow is extremely optimistic about the U.S. economy.
“The economic boom continues,” he said on CNBC’s “Squawk on the Street” Friday, citing the August jobs report and the month’s wage gain data. “It’s the big story of 2018. Jobs, growth, wages. It doesn’t get much better than that.”

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Canadian Economy Loses 51,600 Jobs in August – Biggest Drop in Decade…

The U.S. economy added 201,000 jobs in August. The U.S. unemployment rate is 3.9%.  And year-over-year U.S. wage growth jumped to 2.9%. [Bureau of Labor and Statistics Link]

Meanwhile, the Canadian economy dropped 51,600 jobs in August.  The unemployment rate increased to 6%. And year-over-year wage growth dropped to 2.6%.

CANADA – The net loss in August — which was the second largest monthly decline since the last recession — drove the unemployment rate to 6 per cent, from 5.8 per cent a month earlier, while wage gains decelerated to their slowest this year.
Economists had expected a gain of 5,000 jobs and an unemployment rate of 5.9 per cent, according to the median estimate in a Bloomberg survey.  So far in 2018, the Canadian economy has shed 14,600 jobs. (read more)

In the media analysis Bloomberg talks down the strength of the U.S. economy, and tries to dismiss the scale of the economic growth in America.  Simultaneously, the same Bloomberg media outlet calls the Canadian results “whacky” and “unexpected” and makes excuses for the miserable economic results.  Huh, imagine that.
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Justin Trudeau: No Trade Deal With U.S. That "Doesn’t Continue Exemptions for Canada’s Cultural Industries"…

All our propaganda are belong to us…

In comments yesterday about the likelihood of Canada joining the U.S-Mexico trade agreement, Justin from Canada stated emphatically that his country would not join any trade agreement that removes Canadian protectionist policy on “cultural industries”.

What are Justin’s “cultural industries“? Well, that would be control over media and telecommunications. In essence, Canada wouldn’t want any of that pesky free-market media stuff interfering with the state-run propaganda broadcasts.  Yup, you can’t make this stuff up folks…

CANADA – […] The prime minister also said his government won’t sign an updated free trade accord with the U.S. and Mexico if the deal doesn’t continue exemptions for Canada’s cultural industries, which aims to protect Canada’s publishing and broadcast industries.

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Nike, NFL, and Levis Strauss Political Business Strategy – The Much Bigger Geopolitical and Trade Picture….

From a pure economic/financial perspective this Nike  branding campaign doesn’t make sense…. unless, you realize a much bigger picture. A hidden bigger picture.

On its face, it just seems absurd. Why would any major corporation intentionally stake out a branding position that is adverse to their financial interests?
I’ve spoken to some very excellent business actuaries on this late today; and one specific conversation finally helped to make it all make sense.  During that conversation a good ally shared: “a multinational corporation would never make a branding decision adverse to their financial interests. Unless there is a hidden risk unrelated to what is visible on the surface.” ….BINGO, there it is, the lightbulb went on.
A hidden risk that likely has nothing whatsoever to do with Colin Kaepernick.
The bigger risk to Nike has nothing to do with Black Lives Matter, U.S. Consumers, or Antifa-like political advocacy. The bigger financial risk to the Nike Corporation has everything to do with geopolitics and a reset of international trade agreements.
Here’s the hidden aspect with research to back it up.  Nike Inc. has hitched its massive corporate existence to a 10-year business plan that is dependent on the continuance of recently negotiated manufacturing contracts.
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Happy Labor Day America!!

Today is Labor Day 2018.

♦ This Labor Day more Americans are working than ever before in the history of our country.   ♦ This Labor Day our economy is growing more than all the pontificating pundits expected.  ♦ This Labor Day our unemployment rate is the lowest in our lifetime.  ♦This Labor Day there are more jobs available for American workers than ever before.  ♦This Labor Day wages are increasing at a faster rate than at any time in the past three decades.  ♦ This Labor Day inflation is growing at a lower rate than wages are increasing. ♦This Labor Day productivity is growing faster than any time in the past decade.  ♦This Labor Day 323 metropolitan areas have the lowest unemployment ever. ♦This Labor Day consumer optimism is higher than anyone has ever recorded. ♦This Labor Day high-paying manufacturing jobs are growing at the highest rate in five decades.

This Labor Day is our first MAGA labor day.

…And we’ve only just begun!
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President Trump Evansville Indiana Rally Drew Largest Crowd Ever to Ford Center…

The Monster Vote is Very Real..

There is a very specific reason why U.S. print and broadcast media focused intensely on pushing their anti-Trump funeralpalozza narrative.  As we saw in the 2016 election cycle, the goal of the DC proletariat is to create a false sense of the electoral landscape.
What they don’t want people to see are reports like this. Last Thursday night’s President Trump rally drew the Ford Center’s largest crowd ever, according to manager VenuWorks. The turnout: 11,500 people, with another 2,000 unable to get in. [Courier and Press Link]

Just like there was no precedent for a single primary candidate -amid a group of 17-  to draw 15,000 people to any event in 2015, so too is there no precedent for 13,500 people showing up to a political rally during a non-presidential mid-term election season.  THIS IS THE SILENT MAJORITY the media and professional political class fear.  The MAGA movement is unprecedented in size, enthusiasm, and more importantly, resolve.
We are winning, bigly, and we represent the existential threat to the professional political establishment. The system, which has created an entire business model based on control of U.S. politics, is being summarily deconstructed.  This is the reason why all of those who benefit from decades-long constructs of lobbying, consulting, think-tanks and UniParty party control, hate what President Trump represents.  There are billions of dollars at stake, trillions more downstream, and slowly the MAGA movement is kicking their ass.
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August Report: Chinese Manufacturing Growth Slows to a 14-month Low…

When China announced the One-Road/One-Belt initiative (now banned from discussion in Beijing); in combination with a looming trade confrontation with President Trump; CTH pointed out that sketchy pandas’ bamboo economy was very vulnerable because it was deep, but narrow – simply too dependent on manufacturing and exports.
Slow down the manufacturing sector and, well, there is no fall-back position….. Cue:

BEIJING (Reuters) – China’s manufacturing activity grew at the slowest pace in more than a year in August, with export orders shrinking for a fifth month and employers cutting more staff, a private survey showed on Monday.
The gloomy findings reinforce views that China’s economy will cool further in coming months, even as the United States ramps up tariffs on Chinese goods. That is likely to prompt more spending and other growth boosting steps from Beijing.

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Dual-Purposed Trump Doctrine Squeeze #3 Continues – Pentagon Cancels Financial Aid to Pakistan…

The Trump Doctrine is easiest to describe as: deploying economic leverage to achieve national security interests.  The Trump Doctrine is unique and stunningly effective.


Many of the geopolitical decisions have multiple facets which connect like small gears on a much larger machine.  One of those small dual-purpose gears is the Doctrine as it is applied to Pakistan.  The downstream moves impact China, our #1 geopolitical and economic adversary, then Russia, and also support new alliances with India and the broader Middle-east.

Toward China = ♦Squeeze #3. In 2017 Trump and Secretary Tillerson, now Secretary Pompeo, put Pakistan on notice they need to get involved in bringing their enabled tribal “extremists” (Taliban) to the table in Afghanistan. Pakistan’s primary investor and economic partner is China. The U.S. removed $900 million in financial support to pressure Pakistan toward a political solution in Afghanistan, China has to fill void.  [NOTE: Last month the World Bank began discussions about a financial bailout for Pakistan.]  Again, more one-way bleed for China. {Go Deep}

When President Trump removed the $900 million in aid to Pakistan, he empowered the Pentagon via Defense Secretary James Mattis, with an option to give $300 million to Pakistan if Mattis felt positive steps were being taken to change behavior.  Today the Pentagon announces no change in behavior is noted:
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