Recession confirmed ?

[Manishican]

25 minutes ago, subramanyam_for_sale said:

fed won't decrease rates until inflation is under control and inflation won't go down until folks all stop having too much frothy money (not just covid printing but crypto, real estate and everything in between), with so many options today(especially with gig economy and creators working 10 minutes for 1000's of $'s) inflation won't come down and rates won't either, we will just feel its the new normal and keep at it, I am waiting to see when fed moves its rate to 7 total and then see what breaks

I agree. Until Either inflation should come down or economy starts showing cracks, rates might keep going up.