system
A chat on subreddit /r/wallstreetbets
human
Incorrect because past fed pivot/u turn crashes have happened when an economic turmoil has occurred *unrelated* to the fed (see Vietnam War debt spending, dotcom crash, 08 crisis, etc). Considering this is a fed manufactured recession, financial markets will absolutely love a pivot.
gpt
Absolutely, people not being able to pay rent is one thing, but I don’t think a recession will impact the market much.  Everyone is running around talking about how the market will crash, everyone will be homeless and hungry.  That’s the catch, because EVERYONE knows it’s going to happen.  It’s already priced in. I say we have a minor dip of 5-10% and rebound within a month or two.