Now you can all see that the hard work from the President Trump has paid off. America is a better place for all of us now. Most recent reports show that the global economy is thriving and has led to the best earnings season for corporations of America in the past 13 years.
As reported by USA News Flash, according to reports, 80% of the S&P 500 companies are expected to break sales projections this quarter, and the largest gains are expected to go to the health care and information technology sectors.
Details from analysts also show speculations that the stock market have foreseen this growth, and while President Trump’s deregulation promises have helped by a landslide, it was a weak dollar which decreased the hit that the transnational corporations take when they exchange the foreign sales home, making their products cheaper for foreign consumers.
According to a senior vice president at BB&T Wealth Management, Walter “Bucky” Hellwig, the thing which contributed to a weak dollar was the fact that the Congress stalled on tax reform, and according to his speculations, “the tax dollar is going to contribute again in the third quarter.”
This certainly shows that we are on the right path and that getting our strength back again is inevitable, thanks to President Trump and his administration.