Article snippet: MORE is rolling into a post-Independence Day weekend at his Bedminster, N.J., property with reason to feel good about himself and his reelection prospects for 2020. A number of things are going Trump’s way, leaving him better positioned for victory in a second term. The first is the economy, which is showing little sign of slowing down. The monthly employment report issued Friday showed the economy gained 224,000 jobs in June. Even with minor revisions to job gains in April and May, the economy has added an average of 171,000 jobs over the past three months — a healthy figure. Wages ticked up slightly, and according to the report are up 3.1 percent for hourly workers over the past 12 months. This is still sluggish but far from dire news for Trump. The stock market is also soaring, with the Dow Jones Industrial Average setting a new record high this week on optimism about an end to the U.S.-China trade war — and hope that the Federal Reserve might lower interest rates. Markets dropped Friday on the solid jobs report — which reduced the likelihood of a Fed rate cut — and it would be a fool’s errand to predict markets will definitively grow between now and November 2020. In the big picture, however, markets are up significantly since Trump’s election and will be something he can point to as a positive from his first four years in office. Top White House economic adviser wrote in The Hill this week, the power of incumbency is already a huge predictor. Only a handful... Link to the full article to read more