John noted yesterday that the commercial real estate market (especially downtown office buildings) is in considerable distress, and might well get much worse before it gets better. But there are other signs that all may not be well with our overall economy. The first clue is Democrats who tell us not to believe our lying eyes (and supermarket prices). But there is also data, especially about consumer confidence, which is dipping back toward Covid-era lows:
Chaser, from CNBC: “September consumer confidence falls the most in three years.”
