I assume “economy outperforms” means outperforms expectations. Which is in fact true. Many people were predicting at the beginning of this year that we’d be in a recession around this time. The economy is not great but there is no sign of a recession yet.
We’ve been in a recession since ‘22.
A recession is to back to back quarter GDP losses.
As for inflation, the federal fiscal fabricators no longer factor into equations energy and food spikes.
The only reason the economy seems to be treading water is because of multiple infusions of debt ridden cash. by means of quantitative easing and covid stimulus debt.
Wait until the real indicators come out in ‘24 which will reveal the REAL economic disaster that is now taking place in quarters 3 and 4 of ‘22.