Ernst & Young drops blunt reality check on the economy

Photos: Day trading, financial data, on a monitor by Romulo Queiroz via Pexels. Capitol Building by F Delventhal via Flickr – CC BY 2.0. Article by Moz Farooque. The Street – February 8, 2026.

Strong headline data tell one story. Beneath the surface, risks are quietly building

The U.S. economy appears strong, at least on paper. GDP numbers are growing, consumers are still spending at a relatively encouraging pace, and business investment hasn’t collapsed. However, that apparent strength is masking something more troubling, according to Ernst & Young Chief Economist Gregory Daco. […]

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