far more importantly, on the right side of the screen, you get to take michael darda to your 11:00 a.mart on year over year nominal gdp. you can go animal spirit with tv . ♪ tom: welcome to bloomberg. doom and gloom with francine in london, tom in new york. it has been gloomy talking about the future of the american economy. single best chart with michael darda, and carl weinberg, the most optimistic chart. jobless claims adjusted for employee, there is no other choice like this. i am going to suggest nobody saw this coming. here we are the 1990's. carl weinberg, it is a fully employed america when you look at that chart. carl: unambiguously. joined fiveullivan years ago, he said the most important indicator was jobless claims. in this episode, jobless claims is the whole story. no need to waiver your view. just follow your jobless claims. jim says, they get stronger, the economy gets stronger. tom: how can this be, given the opioid crisis, the malaise in america, the reason the president got elected, how can that chart exist? .ichael: we are recovering it has been a slow recovery