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  • In 74 years of asking the same question, this is only the second-worst answer ever recorded

In 74 years of asking the same question, this is only the second-worst answer ever recorded

The Fed looked at this number yesterday and raised rates anyway.

One Number
One Number

Sep 17, 2026

THE ECONOMY & MAIN STREET • THE MIDDLE-CLASS SQUEEZE

The University of Michigan has asked Americans the same question since 1952: how do you feel about the economy? This is the second-worst answer in 74 years of data. The only reading lower was four months ago, when gas blew past four dollars during the Strait of Hormuz crisis — the all-time low of 44.8. The long-run average is 85, meaning you’re looking at a country that feels just over half as good as it normally does. And yesterday, the Fed looked at this… and raised rates anyway.

The move Washington made in 1934

They did it once. Trump can do it again.

In 1934, the government executed a legal maneuver that transferred billions in wealth overnight.

Most Americans had no idea it was coming.

A small group who saw it early walked away wealthy.

Everyone else paid for it.

Trump has the same legal authority today. Advisors close to the administration believe he's considering using it. If he does, the transfer happens fast — and the window to be on the right side of it is already closing.

We put together a free report on exactly what this move is, why the timing points to now, and the one step ordinary Americans can take to position themselves before it happens.

It costs nothing. Takes 30 seconds to request.

The people who moved early in 1934 didn't have a warning.

You do.

Send me the free report →
❝

This survey has been running since 1952 — and in 74 years, through every recession, crash, and crisis, Americans have felt worse about the economy exactly once.

Source: University of Michigan, Surveys of Consumers, Sep 2026 (preliminary)
One number. Every morning.
— Jack Corbin

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