Jennings: There Are Other Signs in the Economy Helping Real People ... Egg Prices Are $4.89 Today

JENNINGS: “Well, I think corrections are not unusual. I mean, during the bull market, from 2009 to 2020, I think we even had five corrections during that period. We tend to have them every couple of years. It‘s not unusual. They tend to be cyclical. There are other signs, I think, in the economy that are helping real people. Wholesale inflation is down. Consumer inflation is down. Gas prices are decreasing. Mortgage rates are coming down. Egg prices are $4.89 today. They were $6.55 on January 21st. We‘ve seen manufacturing jobs in the last jobs report go up. Private investment announcements are going up. And a whole bunch of nutty climate regulations have been eviscerated by this administration. So, the stock market is one measurement. It‘s not unusual for corrections to occur. But there‘s a whole bunch of green shoots that I think we can look to and say, maybe there‘s some optimism to be had.”