HOW WORRIED SHOULD WE BE ABOUT THE ECONOMY?

Summary from the TLDR Founders newsletter

The economic outlook is getting worse as multiple problems hit at once: consumers can't keep spending more than they earn, job markets are weaker than they appear, businesses are holding back on investments because of trade uncertainty, tech spending is slowing down, and government spending at state and local levels is dropping off—all creating conditions where unemployment could rise significantly even if we don't enter an official recession.