|
THE US ECONOMY PICTURE IN 2019 ANALYSED ALONG WITH LATEST TRADE INPUT ON 7 JANUARY 2020
|
|
The
year 2019 is just to bid
good-bye in a few days from now
opening its gate to new year 2020.
There will be customary big show
across the world to welcome the new
year 2020 with greater expectation of
fulfillment of unfulfilled dreams of 2019.
And robust economy is everyone’s main
dream. Here , this Vedic astrology
writer is having a closer look at
the dream of President Donald Trump
for growth of US economy in 2019.
He had said that he would revive
it. It must be understood that 2019
saw the US in trade war with
other economies , mainly China while
all global economies with a few
exceptions were found slowing down or
struggling hard. The trade war
has eased somewhat a little before
2019 was to close. While economists
may have varying opinion on Trump’s
accomplishment on US economic growth in
2019 , they appear to be on
same page on the view that the
US economy has certainly not slowed in
2019. The following comments in some
newspapers present a readable picture
:- (1).
A news report - Good economic news
this holiday season - published on 23
December , 2019 at washingtontimes.com said
like this - “As 2019 comes to
a close , the US economy earns
its highest ratings in almost two
decades” , relaying findings of CNN
poll commissioned. Overall , 76% rated
economic conditions in the US today as
very or somewhat good , significantly more
than those who said so. (2).
News report - 2019 in Review : US
economy strong , entering the longest
expansion in history - published in theepochtimes.com on 25 December , 2019.
This news report said :- “ The US
economy proved remarkably resilient in 2019
, defying recession fears that dominated
the headlines throughout the year. The
economy has entered the longest expansion
in American history , surpassing the
economic boom of the 1990s. (3).
News report - Trump said he would
revive the US economy. Here’s how
those pledges held up in 2019 -
published at businessinsider.in on 23 December
2019. The news report said :- “
A flurry of populist economic promises
helped propel President Donald Trump to
the White House in 2016. Nearly three
years later , the record-long
expansion has cooled but held up
better than expected”. (4).
A latest news report has appeared on
7 January 2020 with heading -
“ US TRADE DEFICIT DROPS TO MORE
THAN THREE YEAR LOW”. The text of
the news report reads like this :- “
The US trade deficit fell to a
more than three –year low in NOVEMBER
as imports declined further , likely weighed
down by the Trump administration’s trade
war with China , and exports rebounded
, suggesting the economy ended 2019 on
solid footing”.
Against the analyzed picture of the US
economic growth in 2019 , the
narrative would be complete if
readers are presented with that
this Vedic astrology writer had predicted
, as early as last year 2018 on
1 October through article - “ Astrological
probable alerts for the US in 2019”
- published on 1 November 2018
in Wisdom Magazine monthly Webzine at
wisdom-magazine.com/Article.aspx/4897/. The
related text in the article reads as
follows :- “
4. ECONOMY IN 2019. Focus on economic
health of the nation is highlighted ,
which will be followed by robust
success. Wise trading economic strategies
are likely to play a big role ,
yielding dividends. But some compulsive
expenses or constraints involving heavy
amount could cause some depletion of
resources. Much depends upon correctness of
strategies involved and applied during the
course of the year. Months of April
and November-December look to be doing
very well , while in other months
, some amount of pressure cannot be
ruled out”.
In conclusion , this writer was
precisely accurate and meaningful on 1
October 2018 in predicting US economic
growth scenario in 2019 , it
can be fairly said.
Kushal
kumar , 202-GH28
, Mansarovar Apartments , Sector
20 , Panchkula -134120 , Haryana ,
India.
- KUSHAL
KUMAR 202
– GH 28, Mansorovar Apartments, By Kushal Kumar - All Rights Reserved
|