The US Economy Is Not Doing Well

In the US, we've seen economic activity beating expectations. Consistently or earlier, in Europe in the last month is the exact opposite. Economic activity is coming week versus expectations first, second recession is reality and inflation is actually, it's harder than the US right now. China went from basically being a ghost town to being at peak pre-COVID activity in a matter of months. The market, I think, is getting a little bit over too, over excited there because the numbers they're talking, they're not that big.