Economy will improve despite negatives

Consumer Warrior Clark Howard shared these comments recently on his radio show:

Corporate earnings are not looking as good as they did in the first quarter of the year, and consumer confidence has declined. But Clark still has good news for you. Many things are setting the groundwork for a very strong economy in the future. First of all, inflation is much lower than expected. For the most recent month, inflation was one-tenth of one percent, which is almost nil. Over the year, it’s only 2.7 percent higher. So, interest rates are not going to be as high as expected. Having low interest rates is like setting the table for a job improvement and more strength in the economy next year.