Trump Economy Sets More Records:

[longknife]

1st Quarter Profits, Earnings Reach All-Time Highs – Largest Monthly Surplus in History – Far Left Media Silent

No matter what the Lame Street Media reports, the average voter knows darn well that things are going great under President Tump. All one has to do is check their wallets and look at all the construction and new businesses opening up.

First quarter earnings are expected to increase 25.7% from Q1 2017. Excluding the energy sector, the earnings growth estimate declines to 23.7%.

Of the 409 companies in the S&P 500 that have reported earnings to date for Q1 2018, 79.2% have reported earnings above analyst expectations. This is above the long-term average of 64% and above the prior four quarter average of 72%

The Q1 2018 blended revenue growth estimate is 8.4%. Excluding the energy sector, the revenue growth estimate declines to 8.0%.

75.9% of companies have reported Q1 2018 revenue above analyst expectations. This is above the long-term average of 60% and above the prior four quarter average of 69%.

From Trump Economy Sets More Records: 1st Quarter Profits, Earnings Reach All-Time Highs - Largest Monthly Surplus in History - Far Left Media Silent

 

[william the wie]

The problem for Trump is that after a quarter century of poor to mediocre leadership he will peak early. Trump is also doing the right thing about correcting those 24 years of bad decisions with front end loading. That in turn means he will have bigger problems with what have you done for us lately than other presidents and he will have those bigger problems faster than with other presidents.

 

[longknife]

I think most people don't pay attention to economic news.

What they DO pay attention to is what's going on around them. Take a drive and notice all the new construction along with fewer empty store fronts - even in a time when more people are buying things online.
They pay attention to their paychecks and income.
They pay attention to more job openings.

Those are the things that will affect the mid-terms.

 

[william the wie]

My position is more like if Trump cleans up the 20% worse legacy issues each year by year 6 he will be working just as hard as ever but have next to nothing to show for it.