We’ll know the end of June. If GDP is in the negative, then yes we’re in a recession. By definition 2 conservative quarters of negative growth is a recession.
Markets are turning south in a hurry. There was some green earlier today, and now down, down, down. But of course, the volatility is such that we might be up 400 points this afternoon. Little makes sense anymore.
All I know is that my personal misery index is UP. Thanks, Brandon!