Online discussion forums and news articles talking about recession inevitable but it's so different from what I see in person. Everywhere I go, shopping malls, restaurants, entertainment; it's always jam packed and people don't seem to have an issue spending as they please. Places are still hiring in all sectors. Obviously this is anecdotal so maybe it's not like this in most places?
The stock market is decoupled from the economy so could we be seeing the opposite happen from 2020 where stocks went up while people were struggling to make ends meet? Now stocks are crashing while people are enjoying the fruits of their labor from the past couple years. If inflation really is due to supply chain issues, this could be resolved once the war ends and covid lockdowns are eased? A lot of factors may point to a recession, but if there's anything I learned, the opposite of the obvious is usually what happens. Perhaps if there is one, it may be very mild.
Media makes money from emotional articles and I'm sure a lot of people *want* a recession thinking they can scoop up stocks or real estate at a discount, not realizing a full blown recession will probably prevent you from doing that unless you've got a hefty nest egg.
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