Money Matters Monday: How to avoid ‘vibecession’ feelings

Money Matters Monday: How to avoid ‘vibecession’ feelings

Many experts say that the economy is cooling, but a lot of people are feeling like we're heading into a recession. It's often called a 'vibecession and Barry Bigelow joined Good Morning Northland to talk about how to avoid those feelings.

Inflation is cooling, the stock market is surging, and the Fed has hinted at impending interest rate cuts, so why do many Americans believe we’re in a recession?

Known as a “vibecession,” this disconnect can cause fear and lead people to make financial mistakes.

Barry Bigelow from Great Waters Financial joined Good Morning Northland to discuss more about the American vibecession and why many have a pessimistic view of the economy.