RE:RE:RE:RE:RE:RE:RE:RE:RE:THE OPENING SCENE OF JAWSKlein might have got it right this time, even if by fluke, recession is highly unlikely:
"From a business cycle perspective we’re still in the early days of this economic expansion. The last recession, which was brought on by the pandemic in early 2020, likely ended during the summer of 2020. So using this as our rough start date of a new expansion period, we’re only in the fifth quarter of this new expansion cycle, which as seen in the chart below, is far below the average expansion phase of typically 21 quarters. To use a baseball analogy, based on history, we’re only in the third to fourth inning of this nine inning ball game."
More here...
https://www.greaterfool.ca/2022/05/07/coming-in-soft/