Elevated stock market returns have helped lift sentiment among wealthy Americans, who now feel more confident about their finances and the economy. However, economists are warning that this confidence is fragile because the labor market is showing signs of weakening. While equity prices remain strong, a drop in hiring, slower wage growth, or higher unemployment could quickly shake investor and consumer confidence. The piece also notes that if stock-driven optimism is not backed by a healthy jobs market, the risk of a broader economic or market correction increases. Stocks are buoying wealthy sentiment for now, but the underpinning labor-market strength is at risk and could pull that confidence away.
ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN DR. SKOSPLES' NATIONAL INCOME AND BUSINESS CYCLES COURSE AT OHIO WESLEYAN UNIVERSITY
Friday, November 14, 2025
Tuesday, November 11, 2025
European Markets – “Waves of Trade & Sentiment in the EU”
The markets across Europe have recently been showing a cautious optimism. Stock indices like the Euro Stoxx 50 and the major national markets are up around 1%, helped by hopes that global tensions might ease and by better investor mood. At the same time, the economic backdrop remains tricky: the European Central Bank (ECB) has flagged that future decisions will depend heavily on incoming data because growth is weak and uncertainty is high.
What this means is even though markets are zooming up a bit, many European companies are still dealing with slower exports, rising costs (especially energy), and trade shifts. So, while it’s a better mood, the economy hasn’t fully recovered and markets remain on alert for anything unexpected.
https://www.investing.com/markets/europe?utm_source=chatgpt.com
Sunday, November 9, 2025
Government Shutdown Takes Off-Flights Don't
Last Saturday alone, more than 2,200 flights were cancelled as the ongoing U.S. government shutdown continues to disrupt air travel nationwide. The Trump administration recently announced a 4% reduction in domestic flights at 40 major airports due to severe staffing shortages. If the shutdown continues past this Friday, that number is expected to increase to 10%
Fortunately, the disruption occurs during the year's slower travel period, but that relief will be short-lived. Thanksgiving and Christmas are right around the corner, and the strain on the airline industry will only continue to rise as the holiday season comes upon us.
Secretary of Transportation Sean Duffy warned that commercial air travel in the United States could soon be reduced to "a trickle" as the number of air traffic controllers continues to fall. According to Airlines for America, which represents the largest U.S. airline industry, 71% of recent flight delays are due to staffing shortages among air traffic controllers.
Despite the shutdown, air traffic controllers and airport security are expected to continue showing up to work, without pay. Many have been forced to take on a second job just to make ends meet.
As the country navigates what has become the largest government shutdown in U.S. history, the outlook for travelers remains unknown. With the holiday season fast approaching, it's unclear how many Americans will actually make it home to spend time with their loved ones.