The current state of the economy is a bit like a choose-your-own-adventure book. Think that the doom and gloom is overstated? Wrap yourself in the blanket of a tight labor market, rising wages, and Americans’ high savings and low delinquency rates.
Worried the worst has yet to come? Wallow in record inflation, the Federal Reserve’s aggressive moves, recession fears, and the potential for the job market to weaken.