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Comic: Happy Independence Day! The U.S. Celebrates 4th of July Donald Trump-Style

EconomyJul 04, 2019 06:37AM ET
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By Jesse Cohen

Investing.com - Thousands will be gathering in Washington DC to participate in President Donald Trump's Fourth of July celebrations on Thursday.

The event is being referred to as a "Salute to America," and will include a speech by Trump, Army tanks, a flyover of military jets, Air Force One, and the "biggest ever fireworks" display.

"I'm going to be here and I'm going to say a few words and we're going to have planes going overhead, the best fighter jets in the world and other planes too and we're gonna have some tanks stationed outside," Trump told reporters at the White House on Monday.

He added that the event will "be like no other, it'll be special".

Trump has defended the celebration and dismissed criticisms on Twitter on Wednesday by saying the “cost of our great Salute to America tomorrow will be very little compared to what it is worth.”

On Wall Street, which is shut on Thursday in observance of the Independence Day holiday, all three major stock indices finished at record closing highs amid growing expectations for a more dovish Federal Reserve.

Traders currently see a 29.7% chance the Federal Reserve would cut borrowing costs by 50 basis points at its July 30-31 policy meeting, up from the 25% perceived chance on Tuesday and 24% a week ago. A cut of at least 25 basis points is viewed as a certainty.

Rising expectations for a rate cut as well as news of a trade truce between the U.S. and China helped the S&P 500 post its best June performance in decades.

In a pair of Wednesday tweets, Trump touted the stock market’s performance, referring to the S&P 500’s 19% rise so far this year.

To see more of Investing.com’s weekly comics, visit: http://www.investing.com/analysis/comics

-- Reuters contributed to this report

Comic: Happy Independence Day! The U.S. Celebrates 4th of July Donald Trump-Style
 

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Comments (7)
Lynn McCord
the907man Jul 04, 2019 6:18PM ET
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What’s with this disrespectful comic? What is the author trying to say about our country? Happy Independence Day America!
William Baker
William Baker Jul 04, 2019 12:51PM ET
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He doesnt drink tho lol
Alex Fernandez
Alex Fernandez Jul 04, 2019 12:27PM ET
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Happy 4th of July everyone!!!! Be grateful we don't live in China, Russia, or the Middle East.
Matthew Abang
Matthew Abang Jul 04, 2019 9:51AM ET
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Happy Independence Day to America. The Great  country of peace.  God bless Americans and The President.
Gustavo P
Gustavo P Jul 04, 2019 9:28AM ET
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He looks up to his mentors, Kim and Putin. This what they do and he has to emulate. Welcome to the new USA.
Javier Jimenez
Javier Jimenez Jul 04, 2019 9:28AM ET
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Trump is a work class negotiator that loves his country.
Matthew DAddio
Matthew DAddio Jul 04, 2019 9:00AM ET
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Yes, it's good to have a draft dodger showing us the way. The USA is great! Let's pray we continue to be Great!
William Ormsby
William Ormsby Jul 04, 2019 9:00AM ET
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Who Chinton? He has been out of office for 19 years already.
Charles Hamilton
Charles Hamilton Jul 04, 2019 7:21AM ET
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Amen Geo.Happy Independence Day America.
 
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