The Strength of the Economy in the Face of 525 Views of Rate Hikes

The S&P Global Macro, Global Macro Manufacturing PMI was surprisingly strong. It showed people with no significant firing intentions. So the question is why is it such a good economy? Right? I mean, monetary policy always has winners and losers, but there seems to be more winners and fewer losers out there. Students are going to start paying their student loans again in October. They do have debts and those debts are resetting in much higher rates. Not a lot of fun.