Peter Navarro is one of only three senior White House officials to serve at the right hand of Donald Trump all the way from the 2016 campaign to the end of his first term in 2021. At the Trump White House, Peter was the President’s Chief China Hawk and helped craft many of the tough tariffs and sanctions Donald Trump would impose upon Chinese Communist regime. As the Director of the Office of Trade and Manufacturing Policy, Peter Navarro helped President Trump create hundreds of thousands of manufacturing jobs through tough trade policies, by drafting numerous buy American, Hire American executive orders on behalf of the president, and through targeted interventions at key defense facilities like the Philadelphia shipyard and Ohio’s Lima Army Tank Plant. At one point, Peter also played a pivotal role securing our Southern border by helping to bring about the so-called safe third country agreements with both Mexico and the Northern Triangle countries of Guatemala, Honduras, and El Salvador. During the pandemic, Peter Navarro was also the first to call out Dr. Anthony Fauci for his Never-Trump duplicity and for Fauci’s role in helping the Chinese Communist Party create a deadly viral bioweapon in a Wuhan lab funded by Fauci’s NIH. This COVID-19 virus has already killed millions of people worldwide. Peter Navarro started this podcast as an extension of his book Taking Back Trump’s America. This best-selling book -- please buy it on Amazon! -- has become both the blueprint and battle cry for the modern MAGA movement and Peter’s mission is to return Donald Trump to the White House in the 2024 presidential election and restore peace and prosperity to this great land.
Episodes
Saturday Dec 23, 2023
Do the Fundamentals and Technicals Now Align in the US Stock Market?
Saturday Dec 23, 2023
Saturday Dec 23, 2023
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Hi. Peter Navarro here with this week’s market and economy wrap for the week ending December 22, 2023. The S&P 500 continued its hot streak with a modest gain. Except for an absolutely weird options expiration day on Wednesday which led to a massive one-day pullback, the week offered few other surprises.
On the economic indicator front, the Federal Reserve’s favorite inflation indicator, the PCE Index, fell for the first time in 2020 and provided further evidence that inflation and price pressures are continuing to cool. On an annualized basis, the core rate decelerated from 3.4 percent to 3.2 percent; and this month’s inflation reduction came in right at expectations so the market underwent little change on Friday’s news.
The Wall Street betting money continues to be on a reduction in interest rates, but after getting out on their skis last week in talking about such possible rate reductions, a gaggle of Federal Reserve officials tried to walk the whole thing back. Good luck with that.
The broader context for all of this ...
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