We are in a Recession Right Now!

A recession is calculated by two-quarters of declining growth, so we won’t know we’re in a recession until 6 months after it has already begun. It was April 27, 2022, when I started writing this post. On April 28th the day I am posting this the US GDP announced it shrank. And the government has not begun to address the ongoing inflationary pressure on the economy. Now, this is no chicken little the sky is falling declaration, it’s just an observation of facts and a conclusion to the outcome of those facts.

With stocks, the long-term issues are not resolved so any sort of weakness is being jumped on in the NASDAQ.
With the general economy, people are spending less because inflation is high
The housing market is starting to cool down not by much.

Below is just some random screenshots from Bloomberg of how the biggest publically traded company has fared Year-To-Date. And some expectations for big tech.