How many recessions happen when a bunch of people think a recession will happen tomorrow? The Fed is trying to reduce inflation. It seems like they’ve done a pretty good job of doing so just by signaling an aggressive rate increase schedule. Once inflation is lower, they can go back to pretending stocks and real estate aren’t real inflation and start juicing the markets again.
How many times has there been one of the longest bull runs in history, bubbles all around and Russia going berserk all at the same time?
I’m not certain many people think there is one coming. For whatever it’s worth many hedgies at NYSE are still blissfully ignorant too. (I know, I work at a major public hedgefund)
