We already had the recession forecast by the yield curve inversion. While the great deciders did not declare it a recession, we had two consecutive quarters of negative real GDP growth in 2022. It was a recession so mild that it certainly qualified as a soft landing, so nobody counted it. The stock markets went into Bear Market territory, down more than 33% on the NASDAQ. We might see this again or maybe something slightly worse but still probably another soft landing.

TEK