Re:U.S. Wage Growth Is 'Higher Than We Think,' Fed Researche...
by JMTQp8lwXL on Wednesday February 27, 2019 @05:21PM
(#19267476)
To state my point in other words:
> Chinese economy is crumbling. GM dropped crashed 15% in China in 2018. Ford dropped 36%. iPhone sales dropped 13%. Louis Vuitton dropped 20%.
Doing better than a "crumbling economy" doesn't mean you're doing stellar. That's setting the bar very low, and then saying "see, we beat it". It isn't necessarily confidence-inducing, even it is better than the others.
> Chinese economy is crumbling. GM dropped crashed 15% in China in 2018. Ford dropped 36%. iPhone sales dropped 13%. Louis Vuitton dropped 20%.
Doing better than a "crumbling economy" doesn't mean you're doing stellar. That's setting the bar very low, and then saying "see, we beat it". It isn't necessarily confidence-inducing, even it is better than the others.