good time to play defense.
https://www.cnbc.com/2022/03/28/bond...be-coming.html
if there’s a recession, it’s possible to be a prolonged one, the fed can’t snap us out of it by lowering interest rates, they’re already too low. fed should have started raising rates a few years ago. would have helped with inflation, and would have provided a mechanism for dealing with an inevitable recession.
not a great situation.