Bragging about a 3.6% unemployment rate with 62.8% labor force participation is like bragging about how well a cupcake fits in a ring box. No one wants that cupcake or the ring box.
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The Economy in Context: June 2019
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The Economics Quarterly: July 2018
While the quarterly GDP growth rate hasn't been below 2.0% since the first quarter of 2017, it also hasn't been above 5.0% since the second quarter of 2014, and it's a long way from the 7.0% rate in the third quarter of 2003.
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The Economics Quarterly: 2017Q3
With the end of easy money, and the Federal Reserve looking to balance their books, there may be a tightening of capital in the very near future as that $4.5 trillion tab gets cleared.
