“What’s up with that! “
Picture an industry as a sine wave. Now picture a policy as another sine wave. For some industries the sine waves will hit peak/trough and the industry will be cancelled out. Others will hit peak/peak and the industry will soar. Now realize that for any industry there are dozens of other sine waves hitting it; the general state of the economy, other competitors, commercial demand, construction, etc. There is little 1:1 correspondence between an individual policy, say a tariff, and the corporation’s business, in a booming economy. The effect of one policy may be swamped by the other circumstances. Trying to draw a conclusion without reference to the general state of affairs is probably too simplistic. We are currently blessed with a Trump wave. I hope it lasts at least until the next elections, as these things tend to be cyclic...like sine waves.
Excellent explanation! Your next assignment is to spread that far and wide among the talking heads who cannot seem to formulate any depth of thinking, preferring to keep the masses ignorant with simple-minded reporting.
I’ll point out three significant factors:
1. Using the May unemployment numbers....you have 11 states which are 3.0-percent or LESS. Alaska is the only state with a rate higher than 5.8-percent (sitting at 7.2 percent).
2. GDP predictions so far for 2018? Near 5-percent. Go back and see when that last occured.
3. Go look for any shipping company that is extremely worried over the China-trade talk. So far, no one is nervous, and they would be the first to get all fired up.
I think we were long conditioned by experts on TV to think something, and after November 2016....we’ve all come to realize the experts don’t know much about what they talk about.
I'm sure it's all good, I'm just curious. Thanks. d:^)