In a terse and non-deferential response to president-elect Trump's tweet, GM has responded with a statement which can be summarized in two words: "you're wrong."
Following Trump's tweet...
General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A.or pay big border tax!
— Donald J. Trump (@realDonaldTrump) January 3, 2017
Rumors of the Trumpflation rally's death have been greatly exagerated, and not only is the Dow 20,000 back on the radar, following a 124 point surge in Dow futures, bringing the "key psychological level" back within 100 points, but European stocks rose for a third day and entered a bull market, rising 20% from theor lows set last February, following strong Chinese manufacturing and services PMI data, both of which ended 2016 on robust notes well inside expansion territory.
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
Submitted by John Reed Stark via LinkedIn.com,
President-elect Donald Trump has recently questioned: 1) President Obama's finger pointing at the Russians for election-related cyberattacks; and 2) the current media and pundit frenzy alleging a Russian cyber-strike targeting Secretary Hillary Clinton in order to assure a Trump presidency. President-elect Trump plans to press U.S. intelligence agencies to defend their conclusions, stating,
This article by David Haggith was first published on The Great Recession Blog: