brought to you by the every dollar app start budgeting for free today this is a quiz about

how many americans are wrong about key economic trends all right so if you're listening to

this we're going to let everyone take the quiz take the quiz here we go question number one is

the u.s in recession, yes or no?

And this is not a feeling.

This is actually is it based on the definition of a recession.

Number two, how has the S&P 500 index, the stock market, performed in 2024?

Stocks are up, the market is down, the market is flat, it's unchanged.

How does the current, number three, has a current unemployment rate compare with prior periods.

The unemployment rate is now near a 50 year low.

The unemployment rate is near a 50 year high.

The unemployment rate still hasn't recovered from the pandemic.

And the last question, is inflation increasing or decreasing?

Here's the answer to these questions.

Number one, George, you give us the answers.

Is the U.S. in a recession?

The correct answer is no.

But George, I feel like it is. Well, about 56% of those polled said that we are currently experiencing a recession. The correct answer is no. But George, I feel like it is. Well, about 56% of those

polled said that we are currently experiencing a recession. So it's based on just, I guess,

their feelings about what a recession is? As the GDP has been growing, says the article,

fueled partly by strong consumer spending at rates that have exceeded economist expectations,

the U.S. economy is not in a recession. That's math. How has this S&P 500 index performed in

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