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Dark skies ahead?Tomohiro Ohsumi/Getty Images Christopher Decker, University of Nebraska Omaha What a difference a job report makes. Earlier in the summer, people were worried that the economy was too hot. But now – in response mainly to weaker-than-expected employment data released on Aug. 2, 2024 – stocks are plunging. Some analysts even worry that a recession could be on the horizon. As a professor of business economics, I beg everyone, from investors to consumers to policymakers: Please calm down, take 10 deep breaths and relax. The economic data, taken together, paint a brighter if more c…

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