Jessica Mendoza

President Trump has said that any economic slowdown is worth the sacrifice, that it would be short-term pain for long-term gain. The two other key metrics that everyone is looking for at this time period are inflation and jobs. The most up-to-date inflation data comes out next week, but we do know what's going on with unemployment.

Right. It's almost more of a wait and see kind of situation before they commit to any particular direction when it comes to its employees. I think that's right. That is really interesting because I'm based in D.C. and have friends who are in this bucket. You know, the narrative is definitely people are losing their jobs.

Right. It's almost more of a wait and see kind of situation before they commit to any particular direction when it comes to its employees. I think that's right. That is really interesting because I'm based in D.C. and have friends who are in this bucket. You know, the narrative is definitely people are losing their jobs.

Right. It's almost more of a wait and see kind of situation before they commit to any particular direction when it comes to its employees. I think that's right. That is really interesting because I'm based in D.C. and have friends who are in this bucket. You know, the narrative is definitely people are losing their jobs.

But it sounds like bigger picture across the country that that's not necessarily the case.

But it sounds like bigger picture across the country that that's not necessarily the case.

But it sounds like bigger picture across the country that that's not necessarily the case.

According to the Department of Labor, job growth was in health care and finance. Another category that was way up was transportation and warehousing, which economists think was about managing the surge in imports. OK, so the economy is doing better than it might seem. So why are people so worried? That's coming up.

According to the Department of Labor, job growth was in health care and finance. Another category that was way up was transportation and warehousing, which economists think was about managing the surge in imports. OK, so the economy is doing better than it might seem. So why are people so worried? That's coming up.

According to the Department of Labor, job growth was in health care and finance. Another category that was way up was transportation and warehousing, which economists think was about managing the surge in imports. OK, so the economy is doing better than it might seem. So why are people so worried? That's coming up.

While Gene says the economic picture isn't so bad, there are a lot of bad vibes out there, including one especially scary word, recession.

While Gene says the economic picture isn't so bad, there are a lot of bad vibes out there, including one especially scary word, recession.

While Gene says the economic picture isn't so bad, there are a lot of bad vibes out there, including one especially scary word, recession.

In early April, a survey by the Wall Street Journal showed that economists thought there was a 45% chance of recession in the coming year. And other surveys have shown that consumer sentiment has started to sour.

In early April, a survey by the Wall Street Journal showed that economists thought there was a 45% chance of recession in the coming year. And other surveys have shown that consumer sentiment has started to sour.

In early April, a survey by the Wall Street Journal showed that economists thought there was a 45% chance of recession in the coming year. And other surveys have shown that consumer sentiment has started to sour.

But that has not yet quite translated into the numbers at this point, is what you're saying.

But that has not yet quite translated into the numbers at this point, is what you're saying.

But that has not yet quite translated into the numbers at this point, is what you're saying.

So what would need to happen for the economy to continue to hold steady or avoid a recession? Like, would more certainty help?