The National Bureau of Economic Research (NBER) has yet to declare a post-pandemic recession, but many say we’re in a “vibecession.”
Coined by Kyla Scanlon, the author of a Substack newsletter on economics, a vibecession refers to a disconnect between the economy of a country and the public’s pessimistic perception of it. Or, as Scanlon put it, “The vibes of a recession, but maybe not the economic reality of one (yet).”
Here are four factors financial experts say could underlie the trend.
This post originally appeared at U.S. News & World Report.