Americans feel better on economy. It’s taken a while.
by Laurent Belsie
Feb 14, 2024
3 minutes
The paradox has gone on for so long that it has become a cliché: If the economy is so good, why do Americans feel so bad? This dourness even acquired a name: the “vibecession.”
But the bad vibes are dissipating, and optimism has returned.
On Friday, the S&P 500 closed above 5,000 for the first time. The unemployment rate has stayed below 4% for 24 months, a streak not seen in more than a half-century. On Tuesday, the U.S. Department of Labor reported that the annual inflation fell to 3.1% in January,
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