Write these numbers down for future reference

[doc03]

AAA current gasoline price $2.319 a gallon.


Current Unemployment rate 4.7%


2016 annual inflation rate 1.26%

[BSdetect]

1. Facts? Who needs 'em?

[modrepub]

2. Don't forget the GDP #

Trump promised 5% growth. These number have to be emphasized as much as possible (but I expect them to be ignored).

My Predictions:

Gas Prices (without new state taxes): No appreciable change. Reason: No real growth in transportation use, miles traveled stagnant, better fleet milage, more electric car sales.

Unemployment Rate: Steady to slight increase. With large government spending cuts looming, ACA repeal, state budget cuts expected in the next two years I don't see significant job increases happening.

Inflation Rate: Steady to rise. Lots of deficit spending should increase interest rates BUT if the economy starts to slow the Fed should (try) and cut interest rates.

GDP Growth: Again, cutting government spending and job loses in the health sector if the ACA is repealed should not be conductive to long-term growth. I don't buy the right's argument that government is "holding back" growth (or government is making people dependent of hand outs, i.e. "poor&quot

Let's wait and see.

[global1]

3. One Other Number I'd Keep An Eye On Is.....

the number of Executive Orders Trump signs.

He and the Repugs were very critical of the number of Executive Orders that were signed by President Obama and on Day 1 Trump has already signed his first. I think - based on his wanting to be a dictator - this was just his first of what I think will be a record number of Executive Orders.

[kairos12]

4. Noted.

[Equinox Moon]

5. Thanks. I like stuff like this.

I wrote it down.

[NRaleighLiberal]

6. a few others

Dow 30 19,827.25

S&P 500 2271.31

I am close to needing my IRA retirement money to live on - so though may be a polarizing number to track, it is something to pay attention to.

[fmdaddio]

7. retirement planning

Get your money into a fund not directly tied to market. If you are close to retirement you should always move your money into lower risk funds 5 years before your retirement date.