Then, you're getting your economic news from the wrong sources. Unemployment is trending higher. Retail is having trouble, ask Target and Home Depot and McDonalds. Housing is slowing. Autos are slowing. The banking sector is hurting. Commercial real estate is on fire. The average family is not only living paycheck to paycheck, but can't pay their bills. The turnover at apartments is more the double pre-COVID. GDP is only positive because they count Govt spending as part of GDP, and it is up huge, with a 1.5T deficit. Just fine?
Then, you're getting your economic news from the wrong sources. Unemployment is trending higher. Retail is having trouble, ask Target and Home Depot and McDonalds. Housing is slowing. Autos are slowing. The banking sector is hurting. Commercial real estate is on fire. The average family is not only living paycheck to paycheck, but can't pay their bills. The turnover at apartments is more the double pre-COVID. GDP is only positive because they count Govt spending as part of GDP, and it is up huge, with a 1.5T deficit. Just fine?
How do you know it is coming? All economic data seem to be just fine.
Go to Youtube and find Jeffrey Gundlach's last podcast. He lays out many of the problems and why he expects a recession.