In the short term, all the fundamentals of the economy are doing well -- unemployment rate, corporate profits, wages are up, et cetera.
Sure the stock market is doing poorly. The stock market isn't the economy.
Sure the stock market is doing poorly. The stock market isn't the economy.
https://www.washingtonpost.com/business/2019/10/08/first-tim...
Perhaps a reason to be optimistic is that this trend will reverse, but it is hard to see a road to that. In the medium term, we are looking at a large population of retirees to be supported by a dwindling working population, that are also faced with servicing a massive debt that the older generation accumulated; at the same time faced by a rising challenger nation. That sounds like it could be dreadful, actually.