If a recession has to happen, it’s good that it’s hard to tell. For the average person, .1% up or .1% down is effectively the same. This is still a soft landing from huge inflation numbers and covid wreaking havoc.

I’m not optimistic but I do hope whatever reshuffle is happening in the world economy is making it more efficient and resilient. I don’t see the same disaster that others do. Apart from climate, the biggest challenge seems political rather than economic at the moment. Fascism and extremism are on the rise. History tells us more conflict is coming.