As a side note just for documentation's sake - the 3% GDP Q3 growth figures are generally positive but one measure gives me pause...residential investment. It could be transitory (we did just have Florida, Houston, and Puerto Rico suffer some pretty bad shit) but the trend since 2016 has largely been negative. RI is a leading indicator...so let's hope Q4 doesn't show a large drop (still might decline further since we're entering fall/winter).
PCE is fine, inflation is fine, everything else is great as far as I can tell. NAFTA is a real headwind and now that Xi Jinping has cemented his position we might see more action from the Chinese that's considered more aggressive but time will tell. Brexit and now Catalonia will hang over the markets.
What are everybody else's thoughts on this subject?