Tell you what, we are going to beat the rush on all those first 100 days stories.

Where does this economy stand on this Friday, day 95?

From American Public Media, this is Marketplace.

In Los Angeles, I'm Kyle Rizzdahl. It is Friday, today the 25th of April. Good as always to have you along, everybody. Day 95, it is a hair over three months. On with it. We are going to get Sidiebreddies at Politico. Catherine Rampel is at the Washington

Post. Hey, you too. Hey, Kai. Catherine, you get to go first on this no notice question. Where does

this economy stand on day 95? Tetering on the brink, I guess. If you look at the hard data so far, things look okay, like consumer spending and

things like that. But then you look at how people feel about the economy, what their plans are

for the economy, whether businesses say that they can invest in this economy. And it's a much

uglier picture.

Shadip, same question.

I have to agree with Catherine here.

We are on a turning point.

What have been news if you didn't, Val. What have been news if you didn't? We're at a turning point. And we often talk about how monetary policy works with a lag.

Well, tariff policy works with a lag as well. It's just not as

long and not as variable, but there is a lag, and we're going to see the effects of that very soon.

The, the dizzying nature of where we are and the dizzying nature of what American companies are

dealing with right now is going to ripple through the economy. So we're not in a great place,

but we're not in a disastrous place, but we're not in a disastrous

place yet. So let's talk, Catherine, about some stuff we got this morning. Consumer sentiment,

first of all, consumers are cranky. They've been cranky for a long time. That's fine. But as we know,

how their feeling doesn't affect their spending. But here's the thing that really got me.

We consumers think inflation's

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