Jeff Schulze says recent GDP data suggests the economy is "on a pretty solid foundation" but warns that elevated energy costs could weigh on the next quarter's report. He discusses his firm's recession indicators, and calls jobless claims among his favorite to follow suggesting it is the "economic canary in a coalmine." For the labor market, Jeff says data isn't showing impact of any AI-induced job losses yet. Later, Jeff discusses the fear of investing with markets at an all-time high but says historical performance points to better returns in the long-run.