A Bankrate survey reported by The Hill indicates that 60% of Americans believe the economy is in a recession, despite strong job growth and economic expansion. This sentiment spans across generations and income levels. Economic experts, however, have a positive outlook, contrasting with the public's concern over affordability and financial security. Investment firms like BMO Capital Markets and Deutsche Bank predict a potential U.S. recession by the end of 2024, with varying forecasts for the stock market in 2024, including a potential downturn for the S&P 500.