traders cheered retail giant wal-mart strong quarterly earnings the figures columns nerves on the floor they show us consumer demand is strong despite the trade war with china the trumpet ministration lost no time issuing a statement assuring that the u.s. economy is healthy. i think on the economy. weak right now i think we are in a band i'm in a very comfortable environment in which we have 3.7 percent unemployment the lowest it's been 50 years we have. record on a low unemployment for african-americans record low for his back americans real disposable income in the last 24 months for households increased $5000.00 the consumer in america is strong in europe however stocks were down following the previous day's wall street losses here investors were also reacting to bad figures from europe's economic powerhouse germany g.d.p. they're contracted 0 point. one percent in the 2nd quarter the r.