re: Dow down 5% in last 4 days of trading

quote:

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Seriously?

4.7% unemployment for the last 5 consecutive months, real wages rose nicely in December by the largest amount in years, manufacturing output has improved considerably, just last week the Atlanta Federal Reserve released an early estimate that GDP will rise by more than 5% in Q1, 2018, retail sales in December had the largest year-over-year increase (4.7%) in the last 6 years, and housing construction continues to be steady.

What part of the economy makes you say it's "shite"?

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Dude, we both know that employment numbers are garbage statistics and have been for decades. We both know that the Atlanta fed is constantly over estimating growth. Most of all, we both know that 9 years of more than 12 trillion dollars of QE isn't going to be corrected by the POTUS and a quarter of good retail numbers.

There is a 0 percent chance that the "economy looks good". The economy is in shambles, and it's going to take years of much improved monetary policy to make that happen.