Considering Q1 GDP contracted by almost 2% I'd say the economy is like an out of control stock car spinning up the track toward the wall. A recession is guaranteed. Probably a deep, year long recession given the occupant of the White House has 2 more years before he gets bounced out on his depenz-wearing behind.
That was based on the official inflation rate of about 8.5%. Given that the real rate is more likely at least 15%, it’s actually contracting a lot more.