The Real Side - Homes Sales are Down, Consumer Spending is Up.
Show Notes:
- David appears @ 17:15
- Pending homes sales are down, the lowest since January 2015. In part because wages are not moving up.
- Conversely, consumer spending is up 1%.
- The replacing of assets from the hurricane damages are giving the economy a boost.
- The economy in the 3rd quarter grew 3%, ahead of schedule for President Trump's plans.
-Trump has taken away some regulations that directly deter the government from getting in the way.
-History shows, if you take away regulations and lower taxes, and you will have economic growth.
-We'll start to see China and Saudi Arabia getting chummy. This will affect international currency.