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Richard Baris
@Peoples_Pundit
, 4 tweets, 2 min read Read on Twitter
Redo Today's Economic 🗓️:

Personal Income and Outlays - 8:30 AM

ISM Manufacturing Index (PMI)* - 10:00 AM

Consumer Sentiment - 10:00 AM

Baker-Hughes Rig Count - 1:00 PM

P.S. @PPDNews is getting an actual economic calendar. 🤫
Thread Update: Personal Income and Outlays
ppdnews.us/hla-yIB
Thread Update: Survey of Consumers - consumer sentiment "still quite positive" peoplespunditdaily.com/news/economy/2…
Thread Update: ISM Manufacturing Index (PMI) - results + panel comments

54.2% - prices paid declined for second straight month after yearly three years of consecutive increases.
peoplespunditdaily.com/news/economy/2…
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More from @Peoples_Pundit see all

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Richard Baris
@Peoples_Pundit
At this rate, House Democrats aren't going to be able to bring the resolution "Rejecting Anti-Semitism" to the floor for a vote today. They cannot pass it without Republicans if it doesn't get watered down with other forms of bigotry.

There's only one reason for that.
The Democratic Party in control of the U.S. House can not gather enough votes to save face on a resolution simply condemning Jew-hating.

Even a watered down version--to the point there's no meaning anymore--didn't go well.
Imagine the coverage if Republicans couldn't muster enough votes to simply "reject anti-Semitism"?
Read 3 tweets
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Richard Baris
@Peoples_Pundit
Not that I'm shocked.

But @MarkWarner collapsing on @marthamaccallum after being asked about his claim there was "enormous evidence" of Trump-Russia collusion.

He pointed "to what was already in the public domain," and cited a bunch of debunked and overblown stories.
Mark Warner also said he's "been in politics a long time" and "never seen this many contacts with a foreign power."

That is complete and total nonsense.
Finally, @MarkWarner said he's "reserving all judgement" but these facts (debunked) are "indisputable."

I did this thread on @MarkWarner to show you what happens when a reporter pushes back on these claims. It's the reason @RepAdamSchiff is afraid to go on Fox.

He collapsed.
Read 4 tweets
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Richard Baris
@Peoples_Pundit
Is The Washington Post indeed a fake fact-checker?

Where's Glenn Kessler on these false claims of voter suppression?

Stacey Abrams didn't lose Georgia B/C of voter suppression. The claim itself demonstrates a gross ignorance to state election laws & how elections are conducted.
If Stacey Abrams had a legit beef, and she does not, it would be with the Democratic SoEs, not Brian Kemp.

Yet, everyone from Elizabeth Warren to Hillary Clinton has repeated that lie, and Mr. Kessler spends his time rewriting what Donald Trump says in a SOTU to make it untrue.
H/T @WayneDupreeShow: Here's Hillary Clinton claiming she lost Wisconsin because of voter suppression.

Where's Glenn?
Read 3 tweets

Related threads

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Patrick Chovanec
@prchovanec
ISM Manufacturing Index saw a healthy rebound in January, after its stumble in December. Overall index rose +2.3 to 56.6. New orders rose +6.9 to 58.2 (from a worrying 51.3). New export orders, however, fell -1.0 to a somewhat lackluster 51.8.
ISM Manufacturing survey responses in January are generally positive, but some tariff complaints and some reporting signs of slowdown.
Interesting to note that the price gauge, which was worryingly high about a half a year ago, fell -5.3 points to 49.6, which is actually in decline. Serious cool-off in inflationary pressures, or so it seems.
Read 3 tweets
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Baba97
@Baba9773
1) @cvpayne As much as they are hoping for a downturn in our Economy, all indications are showing that the Economic Train isn't slowing down but rather is picking up speed.

One of the biggest indicators was just released (ISM Manufacturing Index (PMI).

2) From the article linked above:

The Institute for Supply Management (ISM) manufacturing index (PMI) came in at 59.3% in November, easily beating the 57.2% consensus forecast. The forecasts range was 56.0% to 58.3% and the headline is an increase of 1.6 percentage points from
3) the October reading of 57.7%.

The New Orders Index came in at 62.1%, an increase of 4.7 percentage points from the October reading of 57.4%, while the Production Index registered 60.6%, a 0.7 percentage-point increase compared to the October reading of 59.9%.
Read 5 tweets
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Baba97
@Baba9773
1) The Economic Train could careless what is happening in Mexico with their election or what Justin from Canada has to say. There is absolutely nothing that is going to slow it down!



From the article linked above:

Construction spending was estimated at
2) a seasonally adjusted annual rate of $1,309.5 billion, 0.4% above the revised April estimate of $1,304.5 billion.



From the article linked above:

The Institute for Supply Management (ISM) PMI Manufacturing Index (PMI) grew for the 110th consecutive
3) month, rising from an already strong 58.7 to 60.2. The reading for June easily beat the 58.5 consensus forecast.

The Atlanta Federal Reserve just revised their prediction once again eclipsing > 4% after falling to 3.8% on Friday.

Read 3 tweets
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RAICES
@RAICESTEXAS
#Today's story to #EndFamilySeparation Four months ago, Dad and 4-month-old entered at the Texas/Mexico border and requested #asylum. Dad and child were immediately separated and the baby put in ORR custody. #FamiliesBelongTogether
Dad was detained in a #Texas detention center where @RAICESTEXAS consulted. Dad accepted a deportation to be quickly reunited w/ his infant child. However, the Dad was deported & NOT his child. The now 8-month-old baby has been in ORR custody for 4 months. #EndFamilySeparation
The Mom and Dad now have once weekly Skype calls with their 8-month-old baby. That's right, folks. They Skype with an infant. #EndFamilySeparation #FamiliesBelongTogether
Read 7 tweets
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Baba97
@Baba9773
1) The Economic Train 🚂 got a jolt yesterday when the 4th Quarter real GDP for 2017 was revised up from 2.5% to 2.9%. However, the economic news from today is putting the Train 🚂 into a higher gear as it continues to steam along picking up passengers!

2)

From the article linked above:

More and more manufacturers are taking advantage of tax reform and an improving business climate to grow their business and expand their facilities. Companies like Lockheed Martin and Honeywell International have
3) announced major investments so far this year. Smaller manufacturers like Ohio-based Sheffer Corporation or Pennsylvania-based H&K Equipment have unveiled plans to invest in their businesses and their workforce as well.

Carpenter Technology, a leading producer and distributor
Read 10 tweets
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Baba97
@Baba9773
1) As the world waits on the release of the memo & Nancy Pelosi screams for Paul Ryan to remove Devin Nunes, the ECONOMIC TRAIN continues to steam along the US without a worry in the world.

The data released today shows 2018 is shaping up to be an incredible year for our Economy
2) Everything else is just chaff & countermeasures from hiding the economic reality from the American people. Regrettably for the Democrats, MSM, CoC, Big Club, Globalist, RINOS etc. Americans are seeing it & feeling it in every aspect of their lives.

3) From the article linked above:

The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a tightening labor market and strengthening economy at the start of the year.

Initial claims for state unemployment benefits slipped 1,000 to a
Read 13 tweets

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