You May Be Worrying About the Economy Too Much

War in Ukraine. Outsized inflation. Supply chain disruptions. A lingering pandemic.

Today’s global upheavals all contribute to a sense of general economic anxiety among investors and, more broadly, the American public. The University of Michigan’s Consumer Sentiment Index — a metric that gauges how consumers view the economy and their own financial prospects — is at its lowest point since 2011.

But is the worry misplaced?

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