What "economics basics" are being missed?
GDP at 2.0%?
Treasury yields crashing by 55%?
No growth-push inflation?
Manufacturing index down?
The Fed having to cut interest rates before it wanted to?
The President pissed that the Fed didn't cut more?
Lay some of that Investopedia wisdom on us.
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Understand some basics HERE!!!
Trumps wage increase for workers are increasing ...increasing faster and faster than inflation
That brings more money to spend which then speeds up this increase
Next
Look at what trump has done
He has stopped the international situations that can stop our advancing with big increases in oil prices ... trump has stopped that and has set much more money coming in by exporting oil
Democrats have been proven as crooks it would be wise to hide like rats before it’s too late to hide
The proof is in the pudding - GDP. Right now the middle class doesn't have enough money to spend to push this. That's why growth is so low, even though unemployment is so low.
If wage growth can continue, this can certainly improve. If some kind of
real breakthrough with China happens -- although China may be playing out the string for 2020 -- that would be a big boost, both in terms of psychology and real economics. The Fed doesn't have enough room to make a significant dent by lowering rates, but it may be able to help in some way.
But we don't know yet. We can hope for the best. However, right now, at this very moment, we're teetering, and making bold & proud predictions is nothing more than guessing.
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