Jennifer Lee

Jennifer Lee is Senior Economist and Managing Director at BMO Capital Markets, where she analyzes the U.S. economy and global financial markets. She is also a frequent media commentator on economic issues.

Strong Growth Hasn’t Made Everyday Costs Feel Manageable

Bloomberg’s report argues that the gap between strong US economic data and widespread financial pessimism reflects affordability, not a lack of growth: inflation has slowed, but prices remain far above pre-pandemic levels. Reporters Reade Pickert, Julia Fanzeres and Jeffrey Sparshott describe how fuel costs, housing and uneven job prospects leave many households under pressure, even as consumer spending and AI investment support the broader economy. Strong spending, they note, does not necessarily mean people feel financially secure.

Bloomberg OriginalsOct 30, 20265 min read