Drudge Retort: The Other Side of the News
Tuesday, October 09, 2018

Global investors are betting on America's economic success now more than ever, Morgan Stanley's Ruchir Sharma told CNBC on Monday. "This year has been a story of how well America has done," he said on "Squawk Box," calling it an example of "American exceptionalism." "We may or may not believe in [American exceptionalism], but the financial markets have never believed in it to such an extent," added Sharma, head of emerging markets and chief global strategist at Morgan Stanley Investment Management.

Second-quarter gross domestic product gained 4.2 percent, according to the government's final reading. And it appears the momentum has continued. The Atlanta Fed's GDPNow real-time indicator put the third-quarter growth at 4.1 percent, as of Monday. Combine those figures with the first quarter's 2.2 percent gain, and the economy stands to grow at an average of 3.5 percent for the first nine months of 2018.

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The contrast of Trump's winning policies with the losing policies of Obama could not be more stark.

#1 | Posted by sawdust at 2018-10-09 07:02 PM | Reply

*crickets*

-The DR Left

#2 | Posted by Rightocenter at 2018-10-09 10:38 PM | Reply

You mean American Arrogance is never higher. We're still not exceptional in health care . Education and how we treat people. We're exceptionally lacking there.

#3 | Posted by LauraMohr at 2018-10-10 02:11 AM | Reply

BAD news for DNC...

#4 | Posted by Greatamerican at 2018-10-10 03:14 AM | Reply | Newsworthy 1

As usual to the Right, money is the only barometer of life. You have money, you're an exemptional person.

#5 | Posted by TFDNihilist at 2018-10-10 07:13 AM | Reply

Sorry, exceptional.

#6 | Posted by TFDNihilist at 2018-10-10 08:02 AM | Reply

This is great news!

#7 | Posted by JeffJ at 2018-10-10 10:27 AM | Reply

The contrast of Trump's winning policies with the losing policies of Obama could not be more stark.

#1 | Posted by sawdust

Yawn.

This economy is where it is because of those policies you deride and crapped on when they were pulling us out of the Republican recession.

Just like the next Democrat POTUS will have to clean up Trump's mess.

#8 | Posted by jpw at 2018-10-10 01:00 PM | Reply

BAD news for DNC...

#4 | Posted by Greatamerican

Only if you're ignorant.

The stock market as an economic indicator is disconnected from what the average citizen feels.

Unless you count them working multiple jobs or more hours to make ends meet just so quarterly earning reports please investors.

#9 | Posted by jpw at 2018-10-10 01:19 PM | Reply

The USA economy is fueled by low interest rates and borrowed money.
It isn't sustainable.
As interest rates climb, taxes will go up or spending will drop. Either will be bad for the economy.
With the 1%ers in charge the party will continue until the crisis happens that justifies their next bailout.

#10 | Posted by bored at 2018-10-10 01:34 PM | Reply

How do you quantify "exceptionalism"

What a asinine read

#11 | Posted by ChiefTutMoses at 2018-10-10 03:22 PM | Reply

I find it amusing that rightoecentre authors a post and then either calls retorts "ankle biters" or is complaining he has no "ankle biters"

It's time to start shunning this egotistical POS's posts

#12 | Posted by ChiefTutMoses at 2018-10-10 03:26 PM | Reply

--It's time to start shunning this egotistical POS's posts

That's what killfiles are for, whiner.

#13 | Posted by nullifidian at 2018-10-10 03:35 PM | Reply

then either calls retorts "ankle biters" or is complaining he has no "ankle biters"
#12 | POSTED BY CHIEFTUTMOSES

ankle bite noted

#14 | Posted by SheepleSchism at 2018-10-10 03:36 PM | Reply

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