People are worried because some people say that the economy might not do well in 2023. But there are other people like Christopher Thornberg, PhD who have a more positive view.
It’s important to know that the people who predict a downturn in the economy are often wrong. They didn’t predict the last four times the economy went down and they said the economy would go down other times, but it didn’t.
Also, just because people aren’t feeling confident about the economy, doesn’t mean it’s going to have a bad time. It just means that people are reading and hearing a lot of negative news.
There’s something called an inverted yield curve, which some people think means the economy is going to have a bad time.… Read the rest