Is this your first recession? War and climate change have made things worse.

The U.S. economy shrank as markets tumbled. Russia’s invasion of Ukraine has kept energy costs high and geopolitical nerves jittery. Inflation puts pressure on households and spurs repeated rate hikes.

It’s definitely starting to feel like a recession for this baby boomer generation.

Are we there yet? Economists who say yes and economists who say no abound. I tend to measure middle-class sentiment to make judgments.

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