0:00-47:20
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Wouldn’t it be funny if we launched a podcast called “Optimist Economy” at the very moment the economy started to slide? Nice timing, us! In this bonus episode we dive into the data that has folks spooked. We also talk about if willy-nilly tariff policy (technical economic term there) is to blame, whether a recession is more like a wildfire or a hurricane, and how a recession might affect you. Also, who gets to declare, “Recession on!” Can we squeeze an ounce of optimism out of a recession episode? We try. You be the judge.
Some of the stuff we talk about:
- GDP Now
- The NBER’s Business Cycle Dating Committee
- Economic News Releases from the Bureau of Labor Statistics
- WSJ: The U.S. Economy Depends More Than Ever on Rich People
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