"Son, I got a new job, mom got a raise, we have more cash in the bank, gas prices are falling, my 401k is up, your 529 is up, and my company is expanding thanks to growing profits. BUT we're not going to Disney World because the yield curve is inverted." - nobody
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@SamRo
“Son, I got a new job because my old job is soon to become obsolete, your mom got a raise but food prices tend to spike up and stay high now, gas prices are falling because market is expecting a recession. My company is expanding with higher margins because we raised our prices,…
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@SamRo
Case closed I guess. Your personal experience trumps 100 years worth of historical economic data / patterns.
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@SamRo
But...
A lot of people are not going.
It is a great time to go, right now. There is still park availability for this weekend and even for July 4, which is loco.
¡LOCO! June was not busy. June is always bonkers.
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@SamRo
Ok, but replace “the yield curve is inverted” with “it’s too woke” and suddenly that’s a lot of people.
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🇺🇸 United States Corporate Profits (QoQ) (Q1) $USD
Actual: -5.9% 🟢
Expected: -6.8%
Previous: -2.7%
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@SamRo
I could also see: We’re not going because we’re spending most of our income on this house and your sister’s college. O and real wages are at 2019 levels so that raise didn’t help. Sorry kid.
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@SamRo
My wife and I went to Italy for two weeks for less than taking 3 kids to Disney for 5 days.
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@SamRo
Son, prices went up, everything is unaffordable, I got a raise but it doesn't cover inflation, we don't own a company, we live paycheck to paycheck...
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@SamRo
All I Ever Needed To Know About Deferred Consumption I Learned In Kindergarten
-Disney's Child
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