(DCNF)—Economist Steve Moore predicted Thursday on Fox Business that the stock market could see a “massive turnaround,” depending on the approval of a GOP-led budget resolution and other factors.
Concerns over President Donald Trump’s economic plans surfaced from some media pundits following the unveiling of reciprocal tariffs against a list of countries. With the market rebounding Thursday, however, and GOP lawmakers aiming to approve the budget resolution before July, Moore was asked whether he may have been wrong about his concerns regarding Trump’s focus on tariffs.
“We could be looking at an historic breakthrough on both trade and taxes,” Moore said.
On April 10, Congress passed a budget resolution blueprint involving Trump’s 2017 Tax Cuts, immigration enforcement and new defense spending, advancing the president’s legislative agenda. With Senate Republicans allowed to bypass the 60-vote filibuster through a simple majority, some have teased the resolution could be finalized through Congress by Memorial Day.
Moore went on to mention potential dates for finalizing the budget resolution.
“I don’t know what date they’re looking at. I heard July 4. I prefer Memorial Day, but I’ll take July 4. If those two things happen — this is a business show, this is an investor show — I think you’re gonna see one of the biggest booms in the stock market ever,” Moore said. “I really do.”
“I think you’re gonna see a massive turnaround in the bad stock market we’ve had over the last month or two, and it could be a record high. So, yeah, I’m feeling very bullish about things now. Look, there are still things that could go wrong,” Moore said. “[But] right now, it’s looking positive.”
Since Trump’s tariffs, the stock market has seen noticeable fluctuations, with S&P 500 futures rising 0.3% and Nasdaq-100 futures gaining 0.4% by close, according to CNBC.
Markets responded positively after Trump signaled Tuesday that the U.S. would eventually ease China’s 145% tariff, saying the rate would “come down substantially” — though not be eliminated entirely.
(Featured Image Media Credit: Screenshot/Fox Business/”Kudlow”)
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Why One Survival Food Company Shines Above the Rest
Let’s be real. “Prepper Food” or “Survival Food” is generally awful. The vast majority of companies that push their cans, bags, or buckets desperately hope that their customers never try them and stick them in the closet or pantry instead. Why? Because if the first time they try them is after the crap hits the fan, they’ll be too shaken to call and complain about the quality.
It’s true. Most long-term storage food is made with the cheapest possible ingredients with limited taste and even less nutritional value. This is why they tout calories so much. Sure, they provide calories but does anyone really want to go into the apocalypse with food their family can’t stand?
This is what prompted the Llewellyns to launch Heaven’s Harvest. They bought survival food from multiple companies and determined they couldn’t imagine being stuck in an extended emergency with such low-quality food. They quickly discovered that freeze drying food for long-term storage doesn’t have to mean sacrificing flavor, consistency, or nutrition.
Their ingredients are all-American. In fact, they’re locally sourced and all-natural! This allows their products to be the highest quality on the market, so good that their customers often break open a bag in a pinch to eat because they want to, not just because they have to due to an emergency.
At Heaven’s Harvest, their only focus is amazing food. They don’t sell bugout bags, solar chargers, or multitools. They have one mission – feeding Americans in times of crisis.
What they DO offer is the ability for people to thrive in times of greatest need. On top of long-term storage food, they offer seeds to help Americans for the truly long-term. They want them to grow their own food if possible which is why they offer only Heirloom, Non-GMO, Non-Hybrid, Open-Pollinated seeds so their customers can build permanent food security on their own property.
