The article reflects the author's feelings of unease regarding the economy, reminiscent of the early days of the COVID-19 pandemic. Despite strong economic indicators, the author takes various steps to prepare for potential instability, highlighting how personal spending habits shift during uncertain times. With economic data showing contraction, it raises concerns about hidden recession signs, particularly linked to trade policies. The narrative emphasizes the importance of preparation amidst an economy that feels both stable and precarious, raising awareness of shifting consumer behavior in times of uncertainty.
"I found myself buying my kids shoes to grow into...leaving some cash in my checking account rather than moving it into my savings fund."
"The economy contracted at a 0.3 percent annual rate...having grown at a 2.4 percent annual rate the quarter before."
"A tariff-induced recession is here and not here, visible and invisible-about to happen or already happening."
"The sharp drop in GDP is in part a statistical artifact, a reflection of giant changes businesses made in anticipation of the White House's trade policies."
Collection
[
|
...
]