Good Times

In May 2017, as we learned today, the unemployment rate fell to 4.3 percent, the lowest rate since the summer of 2001. Despite full employment, inflation in April 2017 was only 2.17 percent. The stock market is at record highs. 

The fact is that things rarely exist for long in such a goldy locks economy, conventional wisdom tells us that either inflation or unemployment will increase. You can’t have both for long. 

Something to consider on this beautiful summer evening….