“several analysts remain focused less on recession calls than on trying to make sense of why so many people are feeling down about their economic lives.”

Posted on by

https://www.nytimes.com/2025/03/31/business/economy/wealth-cash-inequality.html

The article notes much wealth growth is not liquid – including home equity. So it overstates prosperity for many. Decreases in cash balances a hint.

I am happy at least some experts are asking the important “why”.