Authored by Antonius Aquinas,
The Cost Of A Trump Presidency
Last Thursday’s wanton attack on a Syrian air field by the US and its bellicose actions toward North Korea have brought to the forefront the real cost of candidate Trump’s landslide victory last November.
Authored by Michael Snyder via The Economic Collapse blog,
Hopefully putting an end to the media circus that has gripped America's attention over the past 24 hours, the CEO of United Continental, Oscar Munoz, has finally apologized for the airline’s handling of a Chinese-American passenger who was forcibly dragged out of a flight in Chicago, an incident which caused media outrage and cost the airline over a billion dollars in market cap as traders dumped its shares on fears of a Chinese backlash.
While too backward looking to be actionable (reflecting the labor situation with a 2 month delay) especially in a time when everyone is focused on the future - or lack thereof - of Trump's fiscal policies today's JOLTs report failed to capture the sharp slowdown in the March jobs report, instead corroborating the last of the "good" payroll prints, that of February.
So what did "Janet Yellen's favorite labor market indicator" show?
With the USS Carl Vinson carrier group steaming toward the Korean peninsula for what some speculate may be to launch a "decapitation" strike on the Kim Jong-Un regime, on Tuesday North Korean state media threatened the US with a nuclear attack at any sign of a U.S. pre-emptive strike, and warned it is ready for "war" as Washington tightened the screws on the nuclear-armed state.
USS Carl Vinson carrier group