Originally Posted by
OOfff
literally any metric besides equity prices.
You serious, Clark?
Inflation is way down to under 3% from a high of 8%, unemployment is almost down to 4% (which is considered 'full employment'), new investment
pledges (yes, only pledges) in the US is in the tens of Trillions, Interest rates are coming down to a more reasonable level (after choking the economy), consumer confidence is strong. Despite some chicken littles around here, Tarrifs have
not crashed the economy, nor have we parked airplanes or furloughed anyone here.
As a company, DL currently has over half the industry's profits, was on the high side of forward guidance today, is looking to grow at a solid 3-4%, and Profit Sharing is on par with last year (and in total dollar amount, will almost reach 2019 levels). Ed was very bullish in today's Town Hall.
And yes, equity markets are NOT the economy (nor were they in the last admin), but they are at all time highs right now...
I'm not saying it is nothing but roses, but to sarcastically scoff the economy as not being in sold shape is way off base, or looking through the world through brown colored classes. Or something. Please, point me to some actual data (not doom and gloom predictions) supporting this claim. Because I don't see it.
To others wanting to reply, keep this stuff factual and non partisan.