The indicators are wacky due to the tariff war over China. This is something our economy has not had to deal with.
The tariff war is bad for Wall Street.
It is not necessarily bad for the US in the long run.
Trump’s election was a watershed. Going forward what’s best for Wall Street will not necessarily be regarded as being best for the economy.
Wall Street is predictably having its stampy-foot hissy fit about this.