[sanderjd]

I'm on team "the economy is really good right now, actually!", but, relevant to this thread, I think it's pretty clear that it's hard for people to feel good about things when interest rates are way higher than they were in very recent memory, because it makes the housing market more expensive (and also way more static), and makes things like car payments higher.

I think a good lesson to learn from this period is "people are very sensitive to gas prices and the rates on mortgages and car loans".