24 May 2024
A recent Harris poll for The Guardian reveals that a majority of Americans believe the economy is in a recession, although it is not. The poll also shows misconceptions, with nearly half thinking the S&P 500 is down this year and unemployment is at a 50-year high. In reality, the economy is growing, the S&P 500 is up by about 11% in 2024, and unemployment is near historic lows, highlighting a significant disconnect between perception and reality.