Stocks in Trump economy ‘closing in on all-time highs’

Posted on June 11, 2019 1:55 pm

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Unemployment across America is at its lowest point in decades, job creation keeps chugging along, wages are up and stocks are closing in on their all-time highs.

Yet to some media voices, the economy is “literally coming off the rails,” as Chuck Jones said at Forbes, and is “weakening,” according to the New Yorker.

The wild clash of comments has developed as CNBC is reporting that those all-time highs for major stock indexes appear to be just around the corner.

“Stocks have rallied on expectations that the Fed should be cutting interest rates in the near future, and that