Jun 22, 2022
I agree that recessions are part of a normal business cycle (although also partially induced by governing bodies like the Fed.) This recession will come and go, just like the next. I do think it's interesting we haven't seen much drop in consumer demand, even with the increased prices. I believe this is a result of the pent-up demand from lockdowns. It will be worth watching how long until (if) consumers' spending changes.