It's clear to everybody that watches policy, I'm one of those, that we are starting the midterm season a little early this year. He's on a midterm stumping speech. The victory tour on the economy is based on how strong the numbers are. GDP's pretty good, and you still have 52 cents of every dollar coming in from around the world into the S&P 500, also very good. However, Input costs on tariffs are starting to hurt because the mandate for the Fed is 2% inflation. We're at 3.1. So all of these things you're talking about in terms of daily cost, gasoline, mortgages etc, they're up a little bit, that's trying to herd in inflation. And I agree that we have to fine-tune the final deals with China,
It's clear to everybody that watches policy, I'm one of those, that we are starting the midterm season a little early this year. He's on a midterm stumping speech. The victory tour on the economy is based on how strong the numbers are. GDP's pretty good, and you still have 52 cents of every dollar coming in from around the world into the S&P 500, also very good. However, Input costs on tariffs are starting to hurt because the mandate for the Fed is 2% inflation. We're at 3.1. So all of these things you're talking about in terms of daily cost, gasoline, mortgages etc, they're up a little bit, that's trying to herd in inflation. And I agree that we have to fine-tune the final deals with China, India, places like Canada, other countries before mid-terms. ♬ original sound - Mr. Wonderful
