2022 Recession?

No recession coming. We literally just had a recession 2 years ago, I am interested to read when was the last time that there were two global recessions within a year. There's a bunch of people who missed out all the gains from the past 2 years and mentally stimulate themselves at the thought of a recession but not happening.

Corrections (like the current one) along the way, yes. Recession, very unlikely. The Fed only wants to control inflation. If they see unemployment go out of control again, they will pull back on the interest rate rises. The fall out from another recession would be much larger for governments that the current inflation headache.

/r/PersonalFinanceCanada Thread