The sharp decline in the production of goods reflects a mixture of political and nonpolitical trends such as the rise in socialism (increased regulations and taxation), increasing workforce productivity, shifting trends in higher education, and significant technological advances slowly displacing the need for human labor.
The slow transition of the labor force from higher paying skilled jobs - the design and construction of building commercial and residential equipment to lower paying unskilled jobs - flipping burgers and greeting customers at big box stores will continue until capital flows (investment trends) change. These trends that do not follow Presidential tweets are driven by the invisible hand.
Seasoned traders either learn this lesson early, or they pay the price later when beliefs are smashed by the invisible hand.
Headline: Donald Trump can bully auto makers all he wants, but he can’t repeal the laws of economics
Donald Trump meant what he said during the campaign about trying to keeping American jobs in America.
As the opening salvo in his “Make America Great Again” playbook, the tweeter-in-chief has been shaming American companies that offshore high-paying American jobs to factories in other countries, with some apparent minor successes that will do more to burnish Trump’s reputation as a dealmaker than they will to help working Americans struggling to make ends meet.
Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.