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This is CBSI on the world. I'm John Batchel, watching the recession. Does it exist? Is it on the way?

Inflation would give us a hint that the Federal Reserve is right to be worried about tariffs causing inflation.

And inflation usually leads to bad consequences.

So I go to Jim McTay, who's watching all this from Lancaster County, Pennsylvania.

The best county in the Keystone State. It's got tourism.

It's got the Amish. It's got agriculture. It's got a Costco barn with hay in it for the Amish.

Has lots of eateries and it has malls. And we're going to start at the shops at Belmont in Lancaster

County, a mall with everything, including franchises.

Jim, a very good day to you. Jim used to be the Washington editor Barron's. Now he reports to me

when he's not writing novels. You attended the shops at Belmont and you had a good luncheon

and you were surrounded by franchises.

What's business looked like at the shops?

Good evening to you.

Good evening, John.

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