Perhaps the BEST B1G Forum anywhere, here at College Football Fan Site, CFB51!!!

Reported inflation NOW is in pretty good shape also.  It's the price jump in the past that still hurts.  And that won't change.

Nearly all the reported economic metrics look solid, UE, current inflation, GDP growth, not so great is median real HH income growth.  Folks have forgotten what inflation was liked in the early Reagan years.

Income is kind of the thing though isn't it?


[color=var(--YLNNHc)]The unemployment rate rose from 7% in 1980 to 11% in 1982, then declined to 5% in 1988. The inflation rate declined from 10% in 1980 to 4% in 1988. Some economists have stated that Reagan's policies were an important part of bringing about the third longest peacetime economic expansion in U.S. history.


Reaganomics - Wikipedia


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And credit usage.  And savings levels.  And credit performance.  And business investment.    And consumer spending.  And consumer confidence. 
I could go on. 

the basic trends are not good. 

Yep.
Those of us that follow these metrics regularly are worried. 

That said, there is an old joke that most economists have predicted 8 of the last 3 recessions so . . .

It seems apparent a lot of Americans think the economy is in bad shape.  No doubt their personal situation influences this more than reported data, and their political leanings will also influence this.  I was curious how folks here view it, most think "OK shape with worrisome signs".

The various signs folks have noted are quite worrisome.  

I have in my past become so worried about the "signs" that I sold off my rather modest stock portfolio, and then watched as the stocks went higher for years.  I was rather lucky in 1998, I had been saving $100 a month for some years as a downpayment on a new van.  It reached the point I could buy a new nicer van, and did.  The old one had reached 155,000 miles.  The market of course turned south about two years later, but I rather liked the new van, it got the same gas mileage, was larger and more powerful by a good measure.

Starting to fray a bit?  More than a bit?

I make considerable effort to avoid being bearish or bullish, and stick to "The Plan".  It's not easy.

Any time I think about timing a sale, I remind myself it's an amateurish mistake, usually.

Intel share plunge drags down global chip stocks from TSMC to Samsung (cnbc.com)

Layoffs?  Who could have foreseen this???

Intel share plunge drags down global chip stocks from TSMC to Samsung (cnbc.com)

Layoffs?  Who could have foreseen this???

Who indeed?