{UAH} From CNN: US markets are dropping again. Here's why

Friends

 

As market watchers it is interesting that Donald is starting to attach market movements to presidential harassment. That is a nice strategy and I love it. You see it all ends up to building for 2020 election, and trust me it is going to be mud all way from today into the election day, by the time we reach election, Democrats are going to look so dirty that no one will want to put a hand on them.

 

This is going to be deep, dark and very dirty, I can't wait.

 

Having stated that, there is a very fundamental weakness in American markets, for the country spent 8 years with a crack pot sleeping on the steering. Look at what decides American economy, it is only information sector. Apple, Amazon, Facebook, Google, Netflix and Microsoft. When you go to the auto sector it is only Tesla that is active. What happened to all other sectors? Steel and Aluminum , coal industry, Transportation industry, Railway systems. All these sectors are so weak to even affect the markets for the markets are only dependent on information technology. For a very long time, American markets were built on a single pillar, Manufacturing especially of heavy equipment. These days Manufacturing does not even show up.

 

That is why this administration is pushing to see that all these sectors wake up and start to fire up their engines in order for the economy to expand its fundamentals. I am submitting to you this morning that the fundamentals that economy is based on are not reliable for a long term, a good example is Amazon, for a very long time Amazon has been hiring tens of thousands of people towards Christmas for it moved thousands of Christmas presents. Has anyone heard of major hiring in Amazon this Christmas? No because it has invested a whole lot in technology thus all those people that have been making zillions to move Amazon products are no longer required. So you have a company making a lot of money but not employing. Apple is still employing more out of United States than inside.

 

And all I am arguing here is that if sector of mining as an example is fired up, it employs real people, but it adds a permanent core of market support, for you are going to mine today and tomorrow, yet you do not expect an I-phone to be available come 10 years ahead. It is very important that Donald fires up more fundamentals back on line now that Obama forgot them completely. The auto industry he decided to run as in Venezuela by dumping government money into it to prop a dying sector, is not even showing up in the market today. Have you ever seen a United States market when it is not affected by the auto industry?

 

Democrats screwed up this thing so badly and number 45 has his work cut out for him.

 

EM         -> { Trump for 2020 } 

On the 49^th Parallel          

                 Thé Mulindwas Communication Group
"With Yoweri Museveni, Ssabassajja and Dr. Kiiza Besigye, Uganda is in anarchy"
                    Kuungana Mulindwa Mawasiliano Kikundi
"Pamoja na Yoweri Museveni, Ssabassajja na Dk. Kiiza Besigye, Uganda ni katika machafuko"

 

From: ugandans-at-heart@googlegroups.com [mailto:ugandans-at-heart@googlegroups.com] On Behalf Of Gwokto La'Kitgum
Sent: Monday, November 12, 2018 7:23 PM
To: ugandans-at-heart@googlegroups.com
Subject: {UAH} From CNN: US markets are dropping again. Here's why

 

US markets are dropping again. Here's why

https://www.cnn.com/2018/11/12/investing/stock-market-today-dow/index.html

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