Surviving the Roller-Coaster Ride that Is the U.S. Economy

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It is absolutely reasonable right now to be flummoxed by the economy.

A brief assessment of the terrain: Interest rates on 30-year mortgages just clocked in at 8.34 percent, hitting a new 23-year high. That's forcing many Americans to put off buying or selling a home, as the cost of becoming a first-time buyer, or simply rehoming oneself, is increasingly prohibitive. U.S. economic activity, most of the time described as highly "resilient," has not been, really, with BlackRock dismissing strong jobs data and coming right out and saying 18-month growth has been the most laggardly on record outside a recession.

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Source Fool.com